🏢 Investment Highlights 🌟

🌿 Versatile Property for Owner-User, Income, or Redevelopment

• Type: C2-1VL-CPIO Tier 2 Freestanding Corner Building
• Size: 6,525 SF with Parking Lot
• Ideal for: Marijuana Business

🏗️ Development Potential

• ED1 Eligibility: Potential development of up to 28± Units
• Recent Enhancements: Newer windows, electrical system upgrades, and a fully paid-off Solar Panel System
• Prime Location: Signalized corner on Broadway

📑 Executive Summary

• Property Type: Free-standing Retail Property with Development Potential
• Current Use: Operating as a Marijuana Dispensary
• Vacancy: Will be delivered vacant at the close of escrow
• Parking: 9 side-by-side parking spaces, including one accessible space, and a tandem space for up to 3 vehicles
• Capital Improvements: Significant upgrades, including newer windows, electrical system enhancements, and a paid-off Solar Panel System

🏡 Zoning and Development

• Zoning: C2-1VL-CPIO Tier 2
• Development Potential: Up to 28± Units, suitable for Low Income Housing
• Cost Efficiency: Around $45K per door

🛣️ Location and Accessibility

• Access: Easy access to the 110 freeway
• Walkability: Very Walkable designation by Walk Score
• Amenities: Proximity to various restaurants and retail establishments

🚗 Building Features

• Designation: 1 Story
• Size: 2,326 SF
• Class: C
• Year Built: 1935
• Sale Price: $1,250,000
• Price Per SF: $537
• Leased: 100%
• Parking: 10 Spaces (4.3 Spaces per 1,000 SF Leased)
• Frontage: 50 FT on Broadway

🌐 Amenities

• Corner Lot
• Fenced Lot

This versatile property, with its development potential, recent enhancements, and strategic location, presents a prime opportunity for an owner-user, investor, or developer looking to tap into the burgeoning cannabis market. Act now to secure a unique asset with a range of possibilities! 🌿💼

Listing # 2031