8858 Flower St
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8858 Flower St
1,470 SF Retail Building Bellflower, CA 90706 $1,508,273 CAD ($1,026 CAD/SF) 6% Cap Rate
Investment Highlights
- single tenant retail building at a high traffic signalized Intersection at Flower & Lakewood Blvd
- two separate parcels with combine frontage 100 ft on Lakewood Blvd
- Great owner user and redevelopment opportunity
- enclosed yards and extra large garage space as additional area Commercial (BFCG*) and has plenty of onsite parking to accommodate many different busin
- single family house with yard & covered patio
Executive Summary
Tired of paying rent? Dream of owning your own business property? Check these two properties out! It is ideal for owner user operating your business. Property consists of one commercial property at 8858 Flower St (APN 7107008044) & a single family home at 16811 Lakewood Blvd (APN: 7107008045). The listing price is for both properties and both properties must be sold together. The commercial property is a rare to find single tenant retail building at a high traffic signalized Intersection at Flower & Lakewood Blvd. It has great street visibility with rooftop signage. It is one of the busiest intersections in Bellflower. Very close to the 91 Freeway. The shop/office space is approximately 760 sqft. It also has enclosed yards and extra-large garage space as additional area for storage and work shop. It is zoned Commercial (BFCG*) and has plenty of onsite parking to accommodate many different businesses. The commercial property is currently for lease. It is ideal for a retail store/showroom or office. The remodeled single-family home has 3 rooms (2 bedroom plus den plus covered patio) which is on a separate parcel. The single family home is currently tenant occupied paying $2,550. An owner-user investor may qualify for up to 90% SBA financing or occupy the residential house (on a separate parcel) or lease out one or both properties. Due to its busy signalized location, easy access to 91 freeway, the possibility is endless for either owner occupied or investment or future development. Please call the listing agent for viewing.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,470 SF
Building Class
C
Year Built/Renovated
1941/2023
Price
$1,508,273 CAD
Price Per SF
$1,026 CAD
Cap Rate
6%
NOI
$90,496 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.12 AC
Zoning
Commercial (BFCG*) - Commercial (BFCG*)
Walk Score ®
Very Walkable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $124,540 CAD | |
Land Assessment | $439,554 CAD | Total Assessment | $564,094 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$439,554 CAD
Improvements Assessment
$124,540 CAD
Total Assessment
$564,094 CAD
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8858 Flower St
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