16900 Hawthorne BlvdLawndale, CA 90260

This exceptional 9,645 sq ft storefront, located at 16900 Hawthorne Blvd in Lawndale, CA 90260 (APN 4075-012-019), presents a unique investment opportunity. Currently 100% occupied (as of December 16, 2023), this single-tenant, Class B building sits on an 11,956 sq ft lot and boasts a hard, signalized corner location with over 213 linear feet of frontage on Hawthorne Blvd and 169th St. The property benefits from high traffic counts (over 53,000 vehicles daily) and is ideally situated just three blocks from the South Bay Galleria, currently undergoing a major remodel. Further enhancing its appeal, this location is within a Qualified Opportunity Zone, offering potential tax incentives. Approved plans for a mixed-use development, including 20 apartments with ground-floor retail and underground parking, are available. The single-story building, constructed in 1957, offers ample space with abundant windows, making it suitable for a variety of retail concepts. Six parking spaces are available on-site. The property's zoning is Neighborhood Commercial (Lawndale), and it enjoys excellent access from three sides, including a rear alleyway. This is a rare chance to acquire a high-visibility retail property in a thriving South Bay location, poised to benefit from the upcoming Metro light rail expansion. The asking price is $3,699,000 ($383.51/sq ft).