Millman Team Real Estate

$3,499,900
0.41 Acre Lot

112 N Gage Avenue, Los Angeles, California 90063

  • Commercial Sale Property Type
  • 1996 Year Built
Property Description

Come take a look at this property located in the heart of Los Angeles. Conveniently located on the corner of two major cross streets of North Gage St. and Downey Rd. Property cash flows immediately with two current tenants. A meat market/grocery store, private warehouse and separate bakery. Property comes with private parking lot to maximize customer traffic. This property has more room to add more revenue with the amount of space it offers with a lot size of over 18,000 sqft. Great opportunity to convert this unit into into 2 more businesses totaling to 4 businesses in one building to maximize cashflow. The market offers private office space, two industrial size stainless steel walk in coolers with 1 cooler offering 10 doors of shelf space for grocery store revenue, industrial size freezer, restaurant grade flooring in meat market, stainless steel 3 compartment sinks, 2 cutting tables and 2 customer restrooms. There is a private parking lot offering 14 parking spots and dumpster space. Bakery contains an oven, its own restroom, food display case, a grease trap, 2 compartment sink, and parking spaces for 4. Building has been recently painted and the roof is less 15 years old. All the refrigeration from walk ins and freezer is less than 3 years old. All electrical has been updated to all your business needs and future needs.

Basic Details
Commercial Sale
For Sale
CV24177049
$3,499,900
1996
0.41 Acre
Active
Business
: Common Roof
Features
: Central
: Central Air
: Brick
: None
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Sewer Available, Water Available, Natural Gas Available
$0
Address Map
CA
Los Angeles
Los Angeles
90063
Gage
112
Avenue
W119° 48' 56.6''
N34° 2' 11.1''
Downey Rd / N Gage st
C16 - Mid Los Angeles
N
commercial
Additional Information
$0
$0
$0
$0
$0
18000
Bakery, Commercial, Grocery, Warehouse
Standard
3
: 2-5 Units/Acre, Corner Lot
2024-08-26
3999999
1
: Public
Broker/Agent Information
CENTURY 21 EXPERIENCE
Christian Munoz
Listing Information
CV45850
1074
Cash,1031 Exchange,Lease Back,Lease Option,Owner Will Carry,Owner May Carry,Submit
Active
2026-04-17T22:50:36Z
CRMLS
: Standard
2024-08-26T14:55:27Z
Agent info
Ray Millman
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