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Retail/Office For Sale or Lease 12640 Riverside Dr 17 500 pi² Commerce de détail Immeuble Valley Village, CA 91607 À vendre
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Faits saillants de l'investissement
- Two-Story Commercial Building with Elevator Access and Secure Gated Parking
- Permitted and Grandfathered Signage – Rooftop, Monument and Building Banner/Display
- Prominent Rooftop Signage Visible from the 101 Freeway | Over 274,000 Vehicles Per Day
- Ideal and Potential Uses Include: Healthcare, Office, Industrial, Restaurant, Showroom and Retail
- New Sprinkler Heads & New Roof System with 25-Year Warranty
- Prime High-Visibility Location with Over 21,000 Vehicles Passing Daily
Résumé de l'annonce
Marcus & Millichap is proud to present 12640 Riverside Drive, a rare purchase or lease opportunity for a freestanding commercial building featuring ample gated on-site parking with 31 dedicated spaces. This approximately 17,500-square-foot, two-story building sits on a 0.53-acre LAC1 & P zoned parcel and includes additional office and storage areas. Potential uses include: Healthcare, Office, Industrial, Restaurant, Showroom and Retail.
Originally built in 1964 and extensively renovated in 1998 with over $1.5 million in high quality upgrades, the property was modernized both inside and out to meet the needs of the current business. Additionally, the ownership replaced all of the sprinkler heads in the Property in 2023 and applied a new roof system with a 25-year warranty in 2024. The ground floor currently functions as a warehouse and showroom, complete with a serviced elevator, while the upper floor offers an open layout ideal for a variety of uses. Each floor measures approximately 8,750 square feet and is divisible down to 4,375 square feet, allowing flexibility for different tenant configurations.
Strategically located just west of the Riverside Drive and Whitsett Avenue intersection, the property benefits from over 130 feet of frontage on one of the San Fernando Valley’s major east-west corridors, with daily traffic exceeding 21,000 vehicles. Additionally, the property has signage visibility from the 101 freeway with traffic counts exceeding 274,000 vehicles per day. Nestled within a dense residential neighborhood, the site offers excellent visibility and accessibility.
Transit improvements are also underway nearby, including the planned light rail project along Van Nuys Boulevard (phase 1 completion expected by 2031), which will integrate
with the Orange Line and is projected to serve roughly 50,000 passengers daily by 2040. Furthermore, 12640 Riverside Drive is located within three miles of major developments, including the 25-acre NoHo West project with nearly 700,000 square feet of commercial space and 642 residential units. Also nearby is the proposed $1 billion, 16-acre Metro development in Downtown North Hollywood, which will add approximately 1,500 housing units, 600,000 square feet of commercial space, and 3,300 parking spaces.
Property is also available for lease, contact Agent for details.
Originally built in 1964 and extensively renovated in 1998 with over $1.5 million in high quality upgrades, the property was modernized both inside and out to meet the needs of the current business. Additionally, the ownership replaced all of the sprinkler heads in the Property in 2023 and applied a new roof system with a 25-year warranty in 2024. The ground floor currently functions as a warehouse and showroom, complete with a serviced elevator, while the upper floor offers an open layout ideal for a variety of uses. Each floor measures approximately 8,750 square feet and is divisible down to 4,375 square feet, allowing flexibility for different tenant configurations.
Strategically located just west of the Riverside Drive and Whitsett Avenue intersection, the property benefits from over 130 feet of frontage on one of the San Fernando Valley’s major east-west corridors, with daily traffic exceeding 21,000 vehicles. Additionally, the property has signage visibility from the 101 freeway with traffic counts exceeding 274,000 vehicles per day. Nestled within a dense residential neighborhood, the site offers excellent visibility and accessibility.
Transit improvements are also underway nearby, including the planned light rail project along Van Nuys Boulevard (phase 1 completion expected by 2031), which will integrate
with the Orange Line and is projected to serve roughly 50,000 passengers daily by 2040. Furthermore, 12640 Riverside Drive is located within three miles of major developments, including the 25-acre NoHo West project with nearly 700,000 square feet of commercial space and 642 residential units. Also nearby is the proposed $1 billion, 16-acre Metro development in Downtown North Hollywood, which will add approximately 1,500 housing units, 600,000 square feet of commercial space, and 3,300 parking spaces.
Property is also available for lease, contact Agent for details.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
17 500 pi²
Classe d’immeuble
C
Année de construction/rénovation
1964/1998
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,76
Taille du lot
0,53 AC
Zonage
C1-1VL, P-1VL Los Angeles - Commercial
Stationnement
31 places (1,77 places par 1 000 pi² loué)
Façade
Commodités
- Accès 24 heures
Disponibilité des espaces
- Espace
- Taille
- Utilisation de l’espace
- Poste
- Disponible
2,00 $/pi²/mois si le locataire prend l'ensemble du bâtiment.
Asking Rent: $1.60-$2.25/SF/Month depending on amount of space leased. Contact Agent for details.
| Espace | Taille | Utilisation de l’espace | Poste | Disponible |
| 1er étage | 7 000 à 8 300 pi² | Bureau/Commerce de détail | - | Maintenant |
| 2e étage | 7 000 à 9 200 pi² | Bureau/Commerce de détail | - | Maintenant |
1er étage
| Taille |
| 7 000 à 8 300 pi² |
| Utilisation de l’espace |
| Bureau/Commerce de détail |
| Poste |
| - |
| Disponible |
| Maintenant |
2e étage
| Taille |
| 7 000 à 9 200 pi² |
| Utilisation de l’espace |
| Bureau/Commerce de détail |
| Poste |
| - |
| Disponible |
| Maintenant |
1er étage
| Taille | 7 000 à 8 300 pi² |
| Utilisation de l’espace | Bureau/Commerce de détail |
| Poste | - |
| Disponible | Maintenant |
2,00 $/pi²/mois si le locataire prend l'ensemble du bâtiment.
2e étage
| Taille | 7 000 à 9 200 pi² |
| Utilisation de l’espace | Bureau/Commerce de détail |
| Poste | - |
| Disponible | Maintenant |
Asking Rent: $1.60-$2.25/SF/Month depending on amount of space leased. Contact Agent for details.
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
40/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 2357-032-003 | Évaluation des bâtiments | 1 134 542 $ CAD |
| Évaluation du terrain | 1 860 487 $ CAD | Évaluation totale | 2 995 029 $ CAD |
Impôts fonciers
Numéro de lot
2357-032-003
Évaluation du terrain
1 860 487 $ CAD
Évaluation des bâtiments
1 134 542 $ CAD
Évaluation totale
2 995 029 $ CAD
Contacts
-
Brin Hamblin -
Hannah Zager -
Joshua Yaris -
Ryan Rothstein-Serling -
Martin Agnew -
Agnew | Serling Group
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Retail/Office For Sale or Lease | 12640 Riverside Dr
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