5560 Lankershim Blvd - Bar FOR SALE


North Hollywood, CA 91601
$3,500,000 USD
310-403-8544
5560 Lankershim Blvd, North Hollywood, CA for Sale
$3,500,000 USD
Bar - FOR SALE
1/4
null | Request Cap Rate

5560 Lankershim Blvd
North Hollywood, CA 91601


HIGHLIGHTS

  • Located in the Noho Arts District
  • 115 FEET of linear frontage on Lankershim Blvd
  • Open floor plan and Secured Parking
  • Traffic Count of 29,605
  • Surronded by new developments

OVERVIEW

Kidder Mathews is pleased to present for sale 5560 Lankershim Blvd and 11354 Burbank Blvd located in the Noho District of North Hollywood, CA. The offering includes 5560 Lankershim Blvd a free standing, single-story retail building of approximately 3,682 SF on a 5,129 SF lot. Previously operated as night club/bar and 11354 Burbank Blvd a free standing, two-story office building of approximately 3,195 SF on a 5,853 SF lot. The subject properties provide secured shared parking access. The interior layout of the buildings provides a flexible configuration which allows for a wide variety of business uses. Excellent opportunity for a Night Club, Bar, Studio, Veterinary or a Medical office conversion. The property is in the Noho Arts District and walking distance to numerous restaurants and shops. Additionally, the property provides convenient access to the 134, 170, 101 & 5 Freeways. **SELLER FINANCING IS AVAILABLE ASK AGENT FOR DETAILS CALIFORNIA Type 48 liquor license is also available for sale for 5560 Lankershim Blvd however it is not included as part of the sale price and is sold separately. Contact agent for details.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Seller Financing Available

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

LAC2

APN/PARCEL ID

2350-008-022,2350-008-060

ASK ABOUT THIS PROPERTY

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310-403-8544

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Kelly BetpoliceKidder MathewsMore Info
310-403-8544

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