Property Listing No Longer Available for Sale

17974-17976 Ventura Blvd., Encino, CA

Retail for Sale - $2,895,000 - 3,177 Sq. Ft. on 5946 acres


Property Info

CIMLS#1130185
Location
  17974-17976 Ventura Blvd.
  Encino CA 91316
UpdatedApril 4th, 2023
TypeRetail
Price$2,895,000
Building3,177 Sq. Ft.
Land5946 acres

Property Description

Coldwell Banker Commercial Realty is excited to have the opportunity to exclusively list for sale the Prime Ventura Blvd. retail asset located at 17974-17976 Ventura Blvd. The asset is conveniently positioned as fully vacant and ready for an Owner Occupant or Investor to realize the potential. The asset benefits from it's prime location along one of the most heavily trafficked corridors in the San Fernando Valley. There is approximately 40'of lot frontage along Ventura Blvd., located at a hard signalized corner and benefits from multiple signage opportunities.

There is a Restaurant Certificate of Occupancy and the previous 30+ year food use tenant vacated just a few short months ago. There is adequate onsite parking in the rear of the property along with abundant local street parking. The asset is currently built out as two rental units, but could be operated as on or converted into three rentable units.

Strong area demographics and the opportunity for a food based business make this an attractive opportunity for many buyers.


Financials



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