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Investment Highlights

  • Prime Sherman Way Frontage – Strong visibility along a well-traveled commercial corridor with excellent street presence
  • Each unit offers a versatile layout, with one space featuring existing kitchen hoods, making the property well-suited for a variety of commercial uses
  • Benefit from a large nearby population base and consistent daytime activity in the trade area
  • Positioned in a dense infill market surrounded by established businesses, residential neighborhoods, and daily consumer traffic
  • Centrally located with easy access to major streets and freeway connections throughout the San Fernando Valley
  • A compelling opportunity for an owner-user, investor, or business seeking a well-located commercial asset

Executive Summary

Positioned along Sherman Way in the heart of the San Fernando Valley, this commercial property offers a strong presence on a well-traveled corridor with excellent visibility and street exposure. Surrounded by established businesses, nearby residential neighborhoods, and steady daily consumer traffic, the property benefits from a high-exposure infill location that supports a wide range of commercial uses.
The site presents a flexible opportunity for retail, office, showroom, or service-oriented users, subject to zoning and city approval. Its central location provides convenient access to major thoroughfares and key freeway connections, making it easily accessible for both customers and operators. Combined with strong surrounding demographics and consistent daytime activity, the property is well-positioned for an owner-user looking to establish a presence in a desirable trade area or for an investor seeking a strategically located commercial asset with long-term potential.
*All information is deemed reliable but not guaranteed, should be independently verified, and is not legal, financial, or investment advice.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,281 SF
Building Class
C
Year Built
1954
Price
$2,928,450 CAD
Price Per SF
$554.53 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.87
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
C2-1L, Los Angeles - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use
Parking
5 Spaces (0.95 Spaces per 1,000 SF Leased)
Frontage
50’ on Sherman

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,300 SF
  • Restaurant
  • End Cap
  • Now

Food Service Space for Lease on Sherman Way The property at 16119 Sherman Way in Van Nuys offers approximately 3300 square feet of commercial space that is ready for immediate use. This former food service retail space is equipped with an existing hood, hand washing sinks, prep sinks, brand new flooring, and two bathrooms. The layout supports a wide range of food concepts including use as a meat market or carniceria, and it can also accommodate a banquet hall. Parking in the back along with generous street parking. Rear alley access provides added convenience for deliveries and operations. The location offers excellent visibility on the busy Sherman Way corridor with easy access to the 405 Freeway and close proximity to the signalized corner of Sherman Way and Woodley Avenue. The property sits near Vallarta Market, 7-11, near the Van Nuys Airport, and within a dense residential area of apartments which provides strong daily customer traffic. The rental rate is one point ninety five per square foot, not including NNN charges. This site is ideal for a wide variety of food uses including restaurant banquet hall cafe juice bar coffee shop catering kitchen ghost kitchen ice cream shop sandwich shop Mediterranean grill pizza restaurant taqueria ramen or noodle shop sushi restaurant bakery donut shop vegan restaurant fried chicken concept Indian restaurant seafood takeout dessert shop meat market carniceria

Space Size Space Use Position Available
1st Floor 3,300 SF Restaurant End Cap Now

1st Floor

Size
3,300 SF
Space Use
Restaurant
Position
End Cap
Available
Now

1st Floor

Size 3,300 SF
Space Use Restaurant
Position End Cap
Available Now

Food Service Space for Lease on Sherman Way The property at 16119 Sherman Way in Van Nuys offers approximately 3300 square feet of commercial space that is ready for immediate use. This former food service retail space is equipped with an existing hood, hand washing sinks, prep sinks, brand new flooring, and two bathrooms. The layout supports a wide range of food concepts including use as a meat market or carniceria, and it can also accommodate a banquet hall. Parking in the back along with generous street parking. Rear alley access provides added convenience for deliveries and operations. The location offers excellent visibility on the busy Sherman Way corridor with easy access to the 405 Freeway and close proximity to the signalized corner of Sherman Way and Woodley Avenue. The property sits near Vallarta Market, 7-11, near the Van Nuys Airport, and within a dense residential area of apartments which provides strong daily customer traffic. The rental rate is one point ninety five per square foot, not including NNN charges. This site is ideal for a wide variety of food uses including restaurant banquet hall cafe juice bar coffee shop catering kitchen ghost kitchen ice cream shop sandwich shop Mediterranean grill pizza restaurant taqueria ramen or noodle shop sushi restaurant bakery donut shop vegan restaurant fried chicken concept Indian restaurant seafood takeout dessert shop meat market carniceria

Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

Vallarta Supermarkets
Food 4 Less
Starbucks
Denny's
Lee's Sandwiches

Property Taxes

Property Taxes

Parcel Number
2205-028-003
Land Assessment
$391,403 CAD
Improvements Assessment
$355,352 CAD
Total Assessment
$746,755 CAD
  • Listing ID: 39910258

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 16119 Sherman Way, Van Nuys, CA 91406

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