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Faits saillants de l'investissement
- Rare Ownership Opportunity: ±14,026 SF former Bank of America on ±1.06 acres in the heart of Reseda.
- Flexible Reuse Potential: Ideal for medical, educational, office, retail, community-serving, or mixed-use concepts.
- Sits within a transforming corridor with multiple pathways to value creation —adaptive reuse, phased repositioning, or full redevelopment.
- Prime Frontage & Visibility: Expansive exposure along Sherman Way with two existing curb cuts providing excellent ingress/egress.
- Development-Ready Site: Existing structure can be repurposed or demolished for ground-up redevelopment.
Résumé de l'annonce
18120 Sherman Way represents a rare chance to control a highly visible ±14,026 SF two-story former Bank of America building situated on approximately 1.06 acres in the heart of Reseda. With expansive frontage along Sherman Way, two existing curb cuts providing excellent ingress/egress, and strong traffic counts, the property offers outstanding visibility and branding potential for a wide range of users.
The existing structure lends itself well to creative reuse — including medical, educational, professional office, retail, community-serving, or mixed-use concepts — benefiting from generous floorplates, abundant parking, and flexible site circulation. Alternatively, the property can be demolished and repositioned for new development, offering a blank canvas for developers seeking to capitalize on Reseda’s ongoing revitalization and the wave of investment occurring along Sherman Way.
Surrounded by new housing, retail upgrades, and improving neighborhood amenities, 18120 Sherman Way sits at the center of a corridor undergoing meaningful transformation. This is an opportunity to secure a strategically located site with multiple potential pathways to value creation — whether through adaptive reuse, full redevelopment, or a phased repositioning strategy.
The existing structure lends itself well to creative reuse — including medical, educational, professional office, retail, community-serving, or mixed-use concepts — benefiting from generous floorplates, abundant parking, and flexible site circulation. Alternatively, the property can be demolished and repositioned for new development, offering a blank canvas for developers seeking to capitalize on Reseda’s ongoing revitalization and the wave of investment occurring along Sherman Way.
Surrounded by new housing, retail upgrades, and improving neighborhood amenities, 18120 Sherman Way sits at the center of a corridor undergoing meaningful transformation. This is an opportunity to secure a strategically located site with multiple potential pathways to value creation — whether through adaptive reuse, full redevelopment, or a phased repositioning strategy.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 8 193 960 $ CAD | Taille du lot | 1,06 AC |
| Prix par AC | 7 730 150,67 $ CAD |
| Prix | 8 193 960 $ CAD |
| Prix par AC | 7 730 150,67 $ CAD |
| Taille du lot | 1,06 AC |
±14,026 SF former Bank of America on ±1.06 acres in the heart of Reseda.
Description
18120 Sherman Way is a two-story commercial building formerly used as a bank branch. The property occupies approximately 1.06 acres and includes two curb cuts for access. It is located along Sherman Way in Reseda, an area with ongoing redevelopment and infrastructure improvements. The surrounding neighborhood includes residential developments and retail establishments.
Moyennement praticable à pied
70/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun relativement accessibles
50/100
Moyennement praticable en vélo
60/100
Impôts fonciers
| Numéro de lot | 2125-036-083 | Évaluation des bâtiments | 2 353 221 $ CAD |
| Évaluation du terrain | 3 422 940 $ CAD | Évaluation totale | 5 776 161 $ CAD |
Impôts fonciers
Numéro de lot
2125-036-083
Évaluation du terrain
3 422 940 $ CAD
Évaluation des bâtiments
2 353 221 $ CAD
Évaluation totale
5 776 161 $ CAD
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18120 Sherman Way
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