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3152 Martin Luther King Jr Blvd 2,480 SF Retail Building Lynwood, CA 90262 $2,075,085 CAD ($836.73 CAD/SF)
INVESTMENT HIGHLIGHTS
- Ideal Commercial & Religious Owner/User Opportunity.
- Ample Parking w/ Access on Two Streets.
- New Construction Built in 2020 w/ High Grade Features.
- High Visibility Near 105 Fwy, and Major Retailers.
EXECUTIVE SUMMARY
Terrific opportunity to acquire a high grade freestanding
commercial building w/ billboard in the City of Lynwood. This
spacious and well-designed facility is situated on a generous
12,042sf lot on 3 total parcels with access from two streets
and features a functional layout designed to support a wide
range of religious, retail, or commercial for an owner/user.
Originally built in 2020, the property is 2,480sf in size with a
complete buildout to include a main lobby/hall, open kitchen/
meeting area, big office, two full size bathrooms, and storage
rooms. Currently being utilized for general office/religious
gatherings, the property is currently zoned C3 to allow for
various commercial uses.
Other notable features include a two new HVAC systems,
heavy duty electrical service, front security gate, and a small
billboard that’s currently leased. With over 110’ of frontage
on Martin Luther King Blvd, the property offers excellent
visibility, easy accessibility from two streets, and potentially
striped for 20 parking spaces.
Close proximity to Long Beach Blvd, major retailers &
restaurants, off the 105 Fwy.
commercial building w/ billboard in the City of Lynwood. This
spacious and well-designed facility is situated on a generous
12,042sf lot on 3 total parcels with access from two streets
and features a functional layout designed to support a wide
range of religious, retail, or commercial for an owner/user.
Originally built in 2020, the property is 2,480sf in size with a
complete buildout to include a main lobby/hall, open kitchen/
meeting area, big office, two full size bathrooms, and storage
rooms. Currently being utilized for general office/religious
gatherings, the property is currently zoned C3 to allow for
various commercial uses.
Other notable features include a two new HVAC systems,
heavy duty electrical service, front security gate, and a small
billboard that’s currently leased. With over 110’ of frontage
on Martin Luther King Blvd, the property offers excellent
visibility, easy accessibility from two streets, and potentially
striped for 20 parking spaces.
Close proximity to Long Beach Blvd, major retailers &
restaurants, off the 105 Fwy.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,480 SF
Building Class
B
Year Built
2020
Price
$2,075,085 CAD
Price Per SF
$836.73 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
0.14 AC
Zoning
LY-C3 - Check with city for uses. Small billboard on property
Parking
8 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
110’ on Martin Luther King Jr.
AMENITIES
- 24 Hour Access
- Fenced Lot
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $522,840 CAD | |
| Land Assessment | $680,408 CAD | Total Assessment | $1,203,247 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$680,408 CAD
Improvements Assessment
$522,840 CAD
Total Assessment
$1,203,247 CAD
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3152 Martin Luther King Jr Blvd
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