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 | |
Updated | April 4th, 2023 |
Type | Retail |
Price | $2,895,000 |
Building | 3,177 Sq. Ft. |
Land | 5946 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.