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318-322 S Market St 3,700 SF Retail Building Inglewood, CA 90301 $2,373,064 CAD ($641.37 CAD/SF)

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EXECUTIVE SUMMARY

This property at 318-322 S Market presents a truly remarkable real estate opportunity, combining strategic positioning, growth potential, and a vibrant community atmosphere. Its location, poised to become reminiscent of a 3rd Street Promenade-style environment with pedestrian-friendly enhancements, wide custom sidewalks, and a vibrant retail culture, makes it ideal for development and investment.
Key highlights include:
• Historic Core Zone (H_C): The property falls under a zoning area that supports diverse and favorable uses, aligning with the City of Inglewood's active promotion of development in this neighborhood.
• Proximity to Iconic Landmarks: Situated near Sofi Stadium, Intuit Dome, and Kia Forum, this location benefits from continuous retail growth driven by high foot traffic and community engagement.
• Development and Remodeling Momentum: With neighboring properties undergoing renovations and redevelopment, this street is rapidly transforming into a sought-after destination for businesses and consumers alike.
• Versatile Investment Potential: Offering three separate units, the property enables a buyer to either locate their own business while leasing additional units or fully lease the property for consistent income generation.
• Strategic Location: Close to Los Angeles and LAX Airport, the property enjoys excellent connectivity to major commercial hubs, further enhancing its appeal to businesses and investors.
• Market Growth: Rising property values and rental rates underscore the area's strong real estate fundamentals, making it a desirable market for long-term investments.
This property offers an exceptional opportunity for an owner or investor looking to capitalize on the area's burgeoning retail and commercial growth. With its prime location and favorable market dynamics, it stands as a valuable addition to any real estate portfolio.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,700 SF
Building Class
C
Year Built
1922
Price
$2,373,064 CAD
Price Per SF
$641.37 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.85
Lot Size
0.10 AC
Zoning
C1, Inglewood - Commercial Chapter 12. Planning and Zoning Article 10.7. "H-C" Historic Core Zone § 12-31.46. Permitted Uses.
Parking
3 Spaces (0.81 Spaces per 1,000 SF Leased)
Frontage
96’ on Market St

AMENITIES

  • Signage
Walk Score®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CrossFit
Planet Fitness
Vons
U.S. Bank
Bank of America
Sizzler
Starbucks
Superior Grocers
The Camp Transformation Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4021-016-013
Land Assessment
$932,421 CAD
Improvements Assessment
$327,162 CAD
Total Assessment
$1,259,584 CAD
  • Listing ID: 34321746

  • Date on Market: 2024-12-30

  • Last Updated:

  • Address: 318-322 S Market St, Inglewood, CA 90301

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