Rosemead, CA 91770,7456 Garvey AVE

$1,945,000

Est. payment /mo

$1,980,000

1.8%
Est.Price: ?

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7456 Garvey AVE Rosemead, CA 91770

5,112 SqFt

SOLD DATE : 07/19/2023

Key Details

Sold Price $1,945,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 5,112 sqft

Price per Sqft $380

MLS Listing ID AR22125886

Sold Date 07/19/23

HOA Y/N No

Year Built 1932

Lot Size 0.272 Acres

Acres 0.2716

Property Description

Prime Corner location! Commercial/retail building for sale, great potential for owner-user or an investor opportunity. It is situated at a highly visible and high-traffic corner lot on Garvey Ave. Currently vacant, zoned retail commercial, it can no longer be used as any auto related business according to the city of Rosemead. It would make a great development site or remodel the existing building for any quick service food restaurant, fast food pad, drive thru pad, central kitchen, with outdoor sitting and retail/office, etc. It was previously occupied by a Monterey Alignment shop with 60 years of reputable business. The building consists of 1,980 SF of garage space, along with a 3,132 SF storage warehouse, totaling 5,112 SF and sited on an 11,382 SF corner lot. Free standing building with great ingress/egress access from both sides of property to both streets. Property offers approximately 9 parking spaces in the front and abundant of parking spaces in the rear (roughly 18 parking spaces total). This freestanding commercial building is located on the busy corner of Garvey Ave and Lindy Ave. Positioned diagonally across from McDonald's for maximum exposure, and it's closely accessible from the 10 and 60 freeway. Massive development across the street.

Location

State CA

County Los Angeles

Area 651 - Rosemead/S. San Gabriel

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating None

Fireplace No

Laundry None

Exterior

Fence Wire

Utilities Available Electricity Available, Water Available

Building

Lot Description Corner Lot, Near Public Transit

Water Public

Others

Tax ID 5285003001

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Amy Wang • Coldwell Banker George Realty
Bought with Amy Wang • Coldwell Banker George Realty

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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