5018 Lankershim Blvd - Storefront Retail/Office FOR SALE


North Hollywood, CA 91601
$2,995,000 USD
323-603-5057
5018 Lankershim Blvd, North Hollywood, CA for Sale
$2,995,000 USD
Storefront Retail/Office - FOR SALE
1/24
null | Request Cap Rate

5018 Lankershim Blvd
North Hollywood, CA 91601


OVERVIEW

Discover this stunning bow truss property located in the heart of the thriving NOHO Arts District. Boasting an expansive open layout, the space features exposed beams, polished and concrete floors. Highlights include a wide-open layout with a spacious loft/mezzanine area and a prime location in the bustling Arts District. Situated just steps away from Amazon Fresh, WeWork, Laemmle NoHo 7 theaters, and a proposed 7-story hotel with commercial space and 125 rooms, this property is ideally positioned to take advantage of the area’s vibrant energy. This property enjoys excellent visibility with 56 feet of frontage along a heavily trafficked street. It is also situated within the State Enterprise and Opportunity Zone, offering potential tax advantages. Additional features include three parking spaces at the rear of the building with possible expansion potential, two private offices, three bathrooms, and ample storage. Currently owner-occupied, the property can be delivered vacant, making it a rare and versatile opportunity for various uses.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$485 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

LAC4

APN/PARCEL ID

2353-009-011

ASK ABOUT THIS PROPERTY

Steven TronsonAvison YoungMore Info
323-603-5057

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Steven TronsonAvison YoungMore Info
323-603-5057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.