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917 Whittier Blvd 24,800 SF 44% Leased Retail Building Montebello, CA 90640 $6,281,639 CAD ($253.29 CAD/SF)

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INVESTMENT HIGHLIGHTS

Owner/User Opportunity for a Banquet Hall Operator

EXECUTIVE SUMMARY

PRICE REDUCTION! 917 W. Whittier Boulevard located in the heart of the City of Montebello also known as the Montebello Ballroom. This historic venue, constructed in 1927, was originally an Odd Fellows lodge before being transformed into the Montebello Ballroom. The second level consists of two Ballrooms that occupy and operate as the Montebello Ballroom (Owner-User). The Grand Ballroom can accommodate up to 350 guests for dinner, including seating in the balcony area, while maintaining a spacious dance floor. There is also a smaller banquet hall that can accommodate over 150 guests. The property features seven ground-level units that collectively generate approximately $7,500 per month in rental income. The three-story building encompasses a total area of 24,800 square feet on an 11,000 sq. ft. lot, with 86 feet of frontage on Whittier Blvd. Its strategic location at a signalized intersection with multiple points of ingress and egress offers excellent visibility and accessibility, making it a valuable asset in Montebello's commercial landscape.