flag This property
sold
for
$650,000 7 years ago.
11531 Bellflower Boulevard
Downey,
CA 90241
FREE STANDING RESTAURANT - Great owner/user opportunity. Currently occupied by a sushi and grill restaurant on a month-to-month bases. Existing tenant would consider a sort-term lease. CUP for Type 41 licensing effective 2015. Free standing building on a large corner lot. Existing restaurant with outside patio seating. Approximately 1,224 sq. ft. building on an approximate 11,000 sq. ft. lot. ABOUT: Two separate parcels available for sale in Downey. Can be bought together or separately (owner prefers joint sale). One is a successfully ran auto repair/smog shop, in operation for over 20 years. The second is a free-standing restaurant building on a large corner lot. Population over 769,000 within a 3-mile radius. Zoned C-2 Commercial. Please do not disturb tenants. LOCATION: Subject properties are nestled between two major traffic arteries of Downey - Lakewood and Firestone Boulevard. Located within minutes of flourishing Downtown Downey, Stonewood Mall, and retail centers The Downey Landing and The Promenade at Downey. Properties are also within close proximity to PIH Hospital and Kaiser Permanente, with convenient access to I-105, I-605, I-5 and CA-91 freeways. DEVELOPMENT: Properties are within one-mile radius of city approved new developments, including town-home/apartment communities, 24-unit condominium development, and a 140-unit hotel (verify).
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Listing Agent: Gary Martinez | Office: Ashwill Associates
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