We are officially BACK ON THE MARKET & READY TO SELL as of March 2021. WE ARE NOW PRICED TO SELL FOR A QUICK SALE: PRICE IS NOW OVER $200,000 LESS THAN THE ORIGINAL ASKING PRICE. SELLER WILL ALSO CONSIDER SELLER FINANCING!!! SELLER IS MOTIVATED & WOULD CONSIDER ADDITIONAL DISCOUNTS IF YOU PAY CASH & CAN CLOSE QUICKLY!This is a Prime Street Front Retail Building off Las Tunas Blvd near the corner of Rosemead/Las Tunas. Property is adjacent to New Shopping Center & is in one of the best locations in town! The lot size is over 6500 square feet & has a private parking lot in the back & lots of street parking out front. The property has around 3,850 square feet of space & can be used for Retail/Office & service. Please check with the city for exact usages as City is very specific. The property it build out in multiple rooms but can easily be converted back to a large open space or a mix of Open Retail Space & Office Space. This property is in the path of Development & perfect for an Investor using a 1031 Exchange or Owner User. Current Tenant has been in the property for a long time & is Month to Month. They can move out at Close of Escrow or you can negotiate a new lease. Their rent is significantly below rent.Based on Current Market Lease Rate of $$1.75 to 2.00/Foot NNN lease, the potential return on investment is more than 6.0%. This is a great opportunity for a Owner User, Investor, or 1031 Exchange Buyer!
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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