Property Listing No Longer Available for Sale

245 N. Vermont Avenue, Lowellos Angeles, CA

Retail for Sale - $2,390,000 - 10,791 Sq. Ft.

Property Info

  245 N. Vermont Avenue
  Lowellos Angeles CA 90004
UpdatedApril 20th, 2014
Building10,791 Sq. Ft.

Property Description

BRC Advisors is pleased to offer for sale this 10,791 square feet (aprox 7,300 sf ground plus 3,500 sf mezzanine) retail building in the heart of Koreatown/Hollywood/ Silver Lake adjacent area. The front bay of the store is currently being leased by a discount clothing store and the owner is utilizing the back bay as a furniture retail storage center. The current tenant is on a month to month lease and is paying below market rent. This is an excellent value-add opportunity for an investor to partition the building to 3 separate retail stores or for an owner user to occupy the entire space. Street parking available only, but the area is densely populated and attracts high foot traffic. The property can be delivered vacant. Price has been reduced! Give us your best offer!

The property is near the corner of Vermont and Beverly Blvd Metro Station (high walkability!), close to Silver Lake, Los Feliz, Koreatown, and Downtown. The building is conveniently located in close proximity to the 101 fwy.