For Sale
$1,298,900

7001 Newlin Ave Whittier, CA 90602

Prime location, versatile space, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
135
This 3,500 square foot mixed-use building at 7001 Newlin Ave, Whittier, CA 90602, sits on a 27,328 square foot lot (APN 8139-026-002) and is currently vacant. Zoned SP, it offers a value-add investment opportunity with a 1.00% cap rate and an asking price of $1,298,900. The property's open floor plan allows for flexible use as a grocery store, restaurant, or storefront. Located in the heart of Uptown Whittier's vibrant commercial district, this corner lot boasts high foot traffic and excellent visibility, ensuring strong tenant appeal. The building's classic exterior charm complements its modern interior potential, offering a unique blend of historic character and contemporary adaptability. The expansive windows and high ceilings create an inviting atmosphere, perfect for a variety of businesses. Uptown Whittier's thriving community, strong economic development, and excellent transportation links further enhance the property's investment value. This location benefits from a high-demand rental market and a stable local economy, making it an attractive investment opportunity for those seeking a prime location in a growing area. The property's versatility allows for customization to suit various business needs, maximizing rental income and overall return on investment. The building's prominent corner location provides excellent signage opportunities, further enhancing its marketability and attracting potential tenants. This is a chance to acquire a property in a dynamic and desirable area, poised for continued growth and success.

Highlights

  • Prime Uptown Whittier location in a thriving, rapidly developing area with vibrant retail and dining.
  • High foot traffic and visibility from a prominent corner lot, ideal for retail or service businesses.
  • Versatile open floor plan suitable for various commercial uses, featuring large windows and high ceilings.
  • Uptown Whittier's strong economic growth and revitalization projects offer significant upside potential.
  • Classic exterior charm blends with modern interior potential for customization.
  • High demand Whittier commercial real estate market, especially in Uptown, ensures minimal vacancy risk.

Property Details for 7001 Newlin Ave

Property type
Specialty properties, Retail properties
Square Feet
3,500 SF
Class
C

Location Insight

City
Whittier
County
Los Angeles
State
California
Latitude
33.979095230674
Longitude
-118.04114536036

FAQs

What type of property is this?
Specialty property - Prime location, versatile space, high potential.
Where is the specialty property located?
The property is located at 7001 Newlin Ave Whittier, CA.
What is the asking price?
The asking price for this property is $1,298,900.
What are key features of this property?
This property features: Prime Uptown Whittier location in a thriving, rapidly developing area with vibrant retail and dining.; High foot traffic and visibility from a prominent corner lot, ideal for retail or service businesses.; Versatile open floor plan suitable for various commercial uses, featuring large windows and high ceilings.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7001 Newlin Ave
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