I recently co-listed this large retail property for sale at 10004 Garvey Avenue in El Monte, California. The building is on a prime corner lot at the intersection of Garvey Avenue and Merced Avenue. It’s a 9,000 square foot structure built in 1942. The building sits on a 24,302 square foot lot with tons of secure, fenced parking (20 Spaces = 2.22 spaces per 1,000 SF leased).
I’m told by the owners that the building was once a movie theater and in another time period it was a bowling alley. This is the first time in decades that this property has come on the market.
This is a great opportunity for an owner-user or investor with add on value.
The listing price is $4,480,000 – which works out to $498 per square foot.
Reach out to Derek Vaughan with any questions or to request a tour.