Remarks

Presenting a unique opportunity to acquire a versatile commercial property strategically located near the Port of Los Angeles in Wilmington. This exceptional offering includes a substantial 7,020 square feet main building, featuring a combination of office, factory and retail areas designed to meet diverse business needs. Additionally, there is a well-appointed 3,850 square feet auxiliary building equipped with roll-up doors and restrooms, ideal for industrial or storage use. The property sits on a generous 21,393 square feet lot, providing ample parking and operational flexibility. Positioned on a prominent corner lot, the property ensures high visibility and accessibility.

Wilmington is poised for significant growth and development, driven by an ambitious zone change aimed at enhancing housing, retail, and overall walkability within the area. Recent city-led initiatives include the Wilmington Waterfront Promenade, which enhances waterfront access and recreational opportunities; the Avalon Pedestrian Bridge, improving connectivity and pedestrian safety; and the Safe Streets Project, upgrading infrastructure for increased safety and traffic management. This property presents an exceptional investment opportunity in a rapidly evolving area.

Details

MLS#: SB24164858
Price: $3,650,000

Sq Ft: 10870.00
Year Built: 1973

County: Los Angeles