3216 Los Feliz Blvd – New Commercial/Mixed Use Listing For Sale

THE LOCAL REAL ESTATE GROUP HAS BEEN SELECTED TO EXCLUSIVELY MARKET FOR SALE 3216 LOS FELIZ BOULEVARD, IDEALLY POSITIONED AT THE GATEWAY TO ATWATER VILLAGE, JUST WEST OF THE SIGNALIZED INTERSECTION AT LOS FELIZ BOULEVARD AND GLENFELIZ BOULEVARD. 3216 LOS FELIZ BOULEVARD IS A MIXED-USE PROPERTY CONSISTING OF APPROXIMATELY 1,700 SQUARE FEET OF GROUND-FLOOR RETAIL SPACE, 1,100 SQUARE FEET OF RESIDENTIAL AND APPROXIMATELY 2,200 SQUARE FEET OF FLEX / OFFICE SPACE AT THE REAR OF THE PROPERTY. THE PROPERTY IS SITUATED ON A LARGE 8,911 SQUARE FOOT C4 ZONED LOT WITH SPACE ALONGSIDE THE BUILDING FOR PARKING AND/OR OUTDOOR COMMUNAL AREA. THE RETAIL SPACE IS CURRENTLY OCCUPIED BY TWO LONG-TERM TENANTS ON MONTH-TO-MONTH LEASES WITH AN ADDITIONAL CORNER SPACE BEING DELIVERED VACANT AND THE RESIDENTIAL / OFFICE SPACE IS FULLY OWNER-OCCUPIED TO BE DELIVERED VACANT UPON THE CLOSE OF ESCROW. DUE TO THIS FLEXIBILITY, THE PROPERTY OFFERS ENDLESS POSSIBILITIES FOR AN OWNER-USER BUYER TO TRANSFORM THIS ONE-OF-A-KIND ASSET INTO A FLAGSHIP LOCATION FOR THEIR BUSINESS. VISIBILITY AND EXPOSURE AT THIS LOCATION IS UNMATCHED. SITUATED JUST OFF THE 5-FWY, 3216 LOS FELIZ BOULEVARD IS THE FIRST THING TRAVELERS SEE AS THEY DRIVE INTO ATWATER VILLAGE ALONG LOS FELIZ BOULEVARD. TRAFFIC COUNTS EXCEED 52,000 CARS PER DAY ALONG LOS FELIZ BOULEVARD AND LOCAL AMENITIES ATTRACT WALKERS AND BICYCLE-RIDERS ALIKE. THE PROPERTY IS ALSO LESS THAN 1-MILE (BY FOOT) FROM THE AMTRAK/METROLINK GLENDALE STATION AND EASILY ACCESSIBLE FROM HISTORIC GRIFFITH PARK, SILVER LAKE, GLENDALE, AND ECHO PARK. 3216 LOS FELIZ BOULEVARD IS SURROUNDED BY A VARIETY OF POPULAR LOCAL DESTINATIONS, SHOPS AND EATERIES SUCH AS LOS FELIZ GOLF COURSE/LOS FELIZ CAFÉ, THE MORRISON, THE VILLAGE, BIGFOOT LODGE, THE ROOST, AND MANY MORE; NOT TO MENTION ALL OF ATWATER’S FAVORITE SPOTS DOWN THE STREET POSITIONED ALONG TRENDY GLENDALE BOULEVARD. WITH A HIGHLY WALKABLE “SMALL TOWN” FEEL, DIVERSE TENANT-MIX, AND RENOWNED SUNDAY FARMERS’ MARKET, ATWATER VILLAGE HAS FIRMLY EDGED ITS WAY INTO BECOMING ONE OF LA’S “HIPPEST” NEIGHBORHOODS. SELLER FINANCING AVAILABLE.

 

Commercial Property for Sale | 4,648 Sq Ft | 8,907 Lot Sq Ft

 

Offered at $2,950,000

 

Listed by Eugene Ridenour (DRE 01352359) and Kurt Wisner (DRE 01431217)