The offering of $900,0000 is a freestanding building located in the City of Monterey Park, Ca., the signalized intersection of Atlantic Blvd. and Riggin Street. Generating income between $5-7,000 monthly, ROI is 9.33% with very low maintence fee. The property is strategically located next to major shopping centers, Staples, The famous Hat restaurant, and ELA College. Retail surrounding with great visibility and signage along Atlantic Blvd. with heavy traffic all day long. This rapid location is an excellent opportunity to create significant value and cash flow by acquiring this building. Retail Store, Freestanding Building, SQFT. 1250, Lot Size 2520SQFT., Tenancy single, 1 story, parking in rear for 12 cars. Zoning is MPC2, Built-in 1950, other use personal services, photography & travel.
Listing By EXCELLENCE RE REAL ESTATE – CORINA PREECE
Data Last Updated 1:09AM - 10/18/2021
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