16900 Hawthorne Boulevard, Lawndale, CA 90260

$3,699,000
List Price
$3,699,000
Status
ACTIVE
MLS#
V1-22217
Year Built
1957
Lot Location
Sprinklers None
Days on Market
52
Property Type
Commercial
Property Sub Type
Retail

Property Description

For LEASE or SALE with large square footage, high visibility, and great signage on Hawthorne Blvd, this 9,645 s.f. building on a 11,956 s.f. parcel is just a short distance to the South Bay Galleria in beautiful Lawndale, renowned for its Alondra Community Park and South Bay Wedding Center. With easy access and a hard, signalized corner location, this desirable property is ideally suited for a furniture store or similar business. The ground level, single story interior is wide open, with abundant windows facing Hawthorne Blvd., so it's a 'blank slate', ready for your imagined retail concepts (see photos)The property benefits from over 40,000 vehicles a day passing by and is just 3 blocks from the intersection of Hawthorne and Artesia, which sees 110,000 vehicles a day, and is one of the busiest intersections in the South Bay area. A retail business here will be in the great company of nearby national retailers such as Starbuck's, Boston Market, Walgreens, CVS, and Chase Bank. Prospective retailers can also look forward to the nearby South Bay Galleria's planned remodel and Metro Link's expansion to attract and generate an even greater customer base. For destination-oriented retailers, this location is just a few blocks away from the 405 Freeway.The owner has approved plans for a mixed-use development opportunity comprised of retail space on the ground floor, 20 apartments above, and underground parking below. For prospective developers, these plans can be made available and included in the purchase. The property is also located in a Qualified Opportunity Zone, which offers potential tax incentives to investors / developers. This property is available for immediate occupancy and ready for its next thriving and long-term tenant. Private tours are easy to arrange with the listing agent.SALIENT FACTS16900 Hawthorne Blvd Lawndale, CA 90260 Parcel # 4075-012-019High Traffic Counts - 50,000+ VPD 9,645 s.f. freestanding building11,956 s.f lot (.27 acres)6 Parking Spaces3 Blocks from South Bay Galleria MallWalk Score: Very walkable (88)Retail / RestaurantYear Built: 1957 Parking ratio: .6 / 1,000 s.f.Hawthorne frontage: 213 linear feetAccess: Access from three sides, including the rear alleywayZoning is NC / Neighborhood commercial, Lawndale. Contact listing angent for uses allowed in this zoningHARD, SIGNALIZED CORNER - the property benefits from a corner location with over 213 linear feet of frontage.

Additional Information

Heat
None
Cooling Description
None
Exterior Construction
Frame, Stucco
Roof
Composition
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Andrew Adler (z97andy@gmail.com) from Listing Office: Century 21 Real Estate Alliance.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.