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3-Unit Retail Properties for Sale 2 Retail Properties Offered at $3,421,250 CAD in Reseda, CA
Investment Highlights
- 3-Unit Retail Storefront – 1 Long-Term MTM Tenant
- Building & Lot Size: ± 8,967 SF building on approximately 15,000 SF of land
- Parking & Access - 10± on-site spaces via rear alley plus abundant street parking
- High Traffic Frontage, with Over 50’ along Reseda Boulevard boasting 36,000+ Traffic Count
- Possible Additional Income from a rooftop billboard
- Ownership Flexibility: Ideal for owner-user or investor seeking a rare Valley retail asset with value-add potential
Executive Summary
Christie’s International Real Estate is pleased to present 18446–18452 Sherman Way, a prime 3-unit retail storefront investment opportunity located in the heart of Reseda.
All three units are fully leased and occupied, with 1 Long-Term Month-to-Month tenant, providing immediate cash flow with flexibility for future repositioning or owner occupancy.
Strategically positioned along a high-traffic corridor, the property offers excellent visibility and accessibility within a growing retail submarket. This is an exceptional opportunity for investors seeking stable in-place income with future upside, or for an owner-user looking to establish a presence in a prime Reseda location.
Additional features include a large rooftop billboard with potential for added income, rear alley access for easy ingress and egress, approximately 10± on-site parking spaces, and ample street parking. The property is zoned C2.
An ideal acquisition for an owner-user looking to occupy one unit while generating income from the remaining spaces, or for an investor seeking to add value with a rare San Fernando Valley retail asset.
All three units are fully leased and occupied, with 1 Long-Term Month-to-Month tenant, providing immediate cash flow with flexibility for future repositioning or owner occupancy.
Strategically positioned along a high-traffic corridor, the property offers excellent visibility and accessibility within a growing retail submarket. This is an exceptional opportunity for investors seeking stable in-place income with future upside, or for an owner-user looking to establish a presence in a prime Reseda location.
Additional features include a large rooftop billboard with potential for added income, rear alley access for easy ingress and egress, approximately 10± on-site parking spaces, and ample street parking. The property is zoned C2.
An ideal acquisition for an owner-user looking to occupy one unit while generating income from the remaining spaces, or for an investor seeking to add value with a rare San Fernando Valley retail asset.
Property Facts
| Price | $3,421,250 CAD | Number of Properties | 2 |
| Price / SF | $381.54 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 8,967 SF |
| Status | Active | Total Land Area | 0.35 AC |
| Price | $3,421,250 CAD |
| Price / SF | $381.54 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,967 SF |
| Total Land Area | 0.35 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 18446-18448 Sherman Way, Reseda, CA 91335 | Retail | 5,175 SF | 1949 | - |
| 18452 Sherman Way, Reseda, CA 91335 | Retail | 3,792 SF | 1927 | - |
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3-Unit Retail Properties for Sale
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