725 Broad Ave - Service FOR SALE


Wilmington, CA 90744
$1,350,000 USD
424-405-3829
725 Broad Ave, Wilmington, CA for Sale
$1,350,000 USD
Service - FOR SALE
1/8
null | Request Cap Rate

725 Broad Ave
Wilmington, CA 90744


HIGHLIGHTS

  • Grandfathered Permit for Towing, Auto Sales & Dispatch
  • Located in Wilmington Area (City of Los Angeles)
  • 13,679 SF of Land & 600 SF Dispatch Office
  • Asphalt Paving and Opaque Fencing
  • 1 Mile to Freeway Access Point
  • Financing Options Available

OVERVIEW

This sale offers the opportunity to purchase a commercial yard in the Wilmington area of the City of Los Angeles. The existing grandfathered occupancy permit allows a new owner to continue to use the property for towing, auto sales and dispatch, as well as any other uses that are permitted in the C2 zone. Financing options, including SBA and seller financing, are available to qualified buyers. The subject property, located at 725 North Broad Avenue, consists of three parcels for a total of 13,679 square feet of land. The property features a dispatch office that measures 600 square feet, which has been conveniently constructed in the back corner of the lot, providing for efficient use of the yard space. The property can be accessed via a rolling gate from Broad Avenue, which is a wide, low-traffic street. The yard features asphalt paving and opaque metal fencing. Zoning on the site is LAC2, which is a commercial zoning designation that permits for numerous uses. Additionally, there is an existing grandfathered occupancy permit that allows for towing, auto sales and dispatch. Situated on Broad Avenue, south of Anaheim Street, the subject property is located in a desirable location in the Wilmington area, which is a part of the City of Los Angeles. The site is flat, rectangular and has dimensions of 75’ wide by 182’ deep. The property is 1 mile from a freeway access point (Anaheim St and the 110 freeway). 725 North Broad Avenue offers the opportunity to purchase a commercial yard in the Wilmington area. A new owner can take advantage of an existing permit for towing, auto sales and dispatch. The property has attributes that provide for functionality and attractive long-term value, and is suitable for owner/users and investors alike. Financing options, including SBA and seller financing, are available to qualified buyers.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$2,250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Towing Yard, Auto Sales, Dispatch

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

undefined, Auto Repair, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

9 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31

LAND SF

13,679

ZONING

LAC2

APN/PARCEL ID

7423-002-014,7423-002-015,7423-002-016

ASK ABOUT THIS PROPERTY

Derek L. CaldwellMarcus & Millichap - Caldwell Industrial TeamMore Info
424-405-3829

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Derek L. CaldwellMarcus & Millichap - Caldwell Industrial TeamMore Info
424-405-3829

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