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1811 S San Gabriel Boulevard, San Gabriel, CA 91776

Commercial property

1811 S San Gabriel Boulevard, San Gabriel, CA 91776 Sold January 2024 CRMLS
$1,100,000Sold January 2024

Listing Agent: Brion Costa (DRE #00939864) · Listing Office: Century 21 Adams & Barnes · Contact: 626-695-7383 · Bought with: FELIPE CHU · Ma Realty Inc · MLS #AR23076338 · Source: CRMLS

785
Building Sq Ft
2.80%
Cap Rate
10,378 sqft
Lot Size
1965
Year Built
C1
Zoning
Commercial property
Type

About this commercial property

Offered for sale, and for the first time on the market in over 58 years, is a 10,378 square foot parcel zoned MU-C/R (Mixed-Use Corridor/Residential) with an existing 785 square foot structure. Originally developed and built in 1965 as a Triple Net Lease asset for the Wienerschnitzel Hotdog brand that operated at the site as a fast-food restaurant for approximately 3 decades. Since then, various modifications have been made from multiple food service businesses that have operated at the site. The property offers many possibilities for existing use as NNN investment asset and future development as value is in the land. Existing building can only be enlarged to 1,500 sq. ft. and drive-through food service is not allowed. Prospective buyers to please check with the City of San Gabriel for all proposed uses.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$1,100,000
Sold January 2024 · listed $1,198,000, on market May 2023 · MLS #AR23076338 · Source: CRMLS
Listing Agent: Brion Costa · Listing Office: Century 21 Adams & Barnes · Contact: 626-695-7383 · Bought with: FELIPE CHU · Ma Realty Inc
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