Commercial property with retail and office space – $1,295,000
Located on a busy street with 50 ft frontage to Paramount Blvd, fully occupied. One tenant on a 3 year lease and other two tenants are month to month. Rents have not been increased in years. Proforma rents should be a total of $6400 per month with buyer to verify all rental information. Parking is in the rear with additional street parking in front. Close to Downey High School. Gallagher Hair salon has been a tenant for nearly 40 years. Upstairs offices are approximately 5 offices with a conference room leased to a Real Estate company. Newest tenant on 3 year lease is a well established baking supply company with several other locations.
Mike Rains, Realtor
Huntington Beach, Orange County, CA