Unique opportunity beckons for investors or developers in the vibrant heart of Van Nuys! Uncover the potential of this commercial property, zoned C2-1L, boasting a valuable 52-space parking lot. This versatile property holds immense promise, suitable for a spectrum of uses, from retail and service stations to garages, churches, schools, auto sales, apartments, condos, and hotels. The existing structure stands tall as a 5-story, 35,046 sqft building on a generous .51-acre lot, a rare find in the area. Convenience is paramount, with the property strategically positioned within walking distance of bustling shopping and dining hubs. Enjoy proximity to renowned establishments like Costco, Target, Chase bank, Starbucks, and more, enhancing the property's allure. Strategic location is further underlined by easy access to major freeways, including the 405, 118, and 101, streamlining connectivity for businesses and patrons alike. Sherman Way, a major cross street, adds to the property's accessibility. Seize the moment! Don't let this exceptional opportunity slip away. Schedule your private showing now to explore the full potential of this prime commercial property in Van Nuys.
MLS# | SR24010316 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1962 |
Days On Site | 270 |
Listing Provided By | Real Brokerage Technologies, Inc. 619-248-6434 | Lynn Tran |
SQ Feet | 35,046 |
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Story(s) | 5 |
Building(s) | 1 |
Zoning | Mixed Use C2-1L |
Acreage | 0.51 |
State | CA |
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County | Los Angeles |
City | Van Nuys |
Zip Code | 91405 |
Area | VN Van Nuys |
Listing VS Median (in 91405) | |
Price: $6,000,000 low | high Med: $524,950 SqFt: 35,046 low | high Med: 1,128 $ / SqFt: $171 low | high Med: $465 On Site: 270 low | high Med: 79.000000 |