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INVESTMENT HIGHLIGHTS
- Rare Ownership Opportunity: ±14,026 SF former Bank of America on ±1.06 acres in the heart of Reseda.
- Flexible Reuse Potential: Ideal for medical, educational, office, retail, community-serving, or mixed-use concepts.
- Sits within a transforming corridor with multiple pathways to value creation —adaptive reuse, phased repositioning, or full redevelopment.
- Prime Frontage & Visibility: Expansive exposure along Sherman Way with two existing curb cuts providing excellent ingress/egress.
- Development-Ready Site: Existing structure can be repurposed or demolished for ground-up redevelopment.
EXECUTIVE SUMMARY
18120 Sherman Way represents a rare chance to control a highly visible ±14,026 SF two-story former Bank of America building situated on approximately 1.06 acres in the heart of Reseda. With expansive frontage along Sherman Way, two existing curb cuts providing excellent ingress/egress, and strong traffic counts, the property offers outstanding visibility and branding potential for a wide range of users.
The existing structure lends itself well to creative reuse — including medical, educational, professional office, retail, community-serving, or mixed-use concepts — benefiting from generous floorplates, abundant parking, and flexible site circulation. Alternatively, the property can be demolished and repositioned for new development, offering a blank canvas for developers seeking to capitalize on Reseda’s ongoing revitalization and the wave of investment occurring along Sherman Way.
Surrounded by new housing, retail upgrades, and improving neighborhood amenities, 18120 Sherman Way sits at the center of a corridor undergoing meaningful transformation. This is an opportunity to secure a strategically located site with multiple potential pathways to value creation — whether through adaptive reuse, full redevelopment, or a phased repositioning strategy.
The existing structure lends itself well to creative reuse — including medical, educational, professional office, retail, community-serving, or mixed-use concepts — benefiting from generous floorplates, abundant parking, and flexible site circulation. Alternatively, the property can be demolished and repositioned for new development, offering a blank canvas for developers seeking to capitalize on Reseda’s ongoing revitalization and the wave of investment occurring along Sherman Way.
Surrounded by new housing, retail upgrades, and improving neighborhood amenities, 18120 Sherman Way sits at the center of a corridor undergoing meaningful transformation. This is an opportunity to secure a strategically located site with multiple potential pathways to value creation — whether through adaptive reuse, full redevelopment, or a phased repositioning strategy.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $9,729,930 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.06 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LAC2 | ||
| Price | $9,729,930 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.06 AC |
| Opportunity Zone |
Yes |
| Zoning | LAC2 |
1 LOT AVAILABLE
Lot
| Price | $9,729,930 CAD | Lot Size | 1.06 AC |
| Price Per AC | $9,179,179.06 CAD |
| Price | $9,729,930 CAD |
| Price Per AC | $9,179,179.06 CAD |
| Lot Size | 1.06 AC |
±14,026 SF former Bank of America on ±1.06 acres in the heart of Reseda.
Walk Score®
Very Walkable (81)
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18120 Sherman Way
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