Commercial Property — 3800 W Imperial Hwy, Hawthorne, CA
$1,050,000
3800 W Imperial Hwy, Hawthorne, CA
About this property
3800 W Imperial Highway presents a unique value-add investment and owner-user opportunity featuring an approximately 4,600-square-foot freestanding retail building on a 7,422-square-foot lot with eight surface parking spaces located at the rear of the property. The property is currently occupied by a month-to-month tenant paying significantly below-market rent, providing flexibility to reposition the property, secure a new tenant at market rent, or occupy the building. Zoned HACM (Hawthorne Mixed Commercial), the property allows for a variety of commercial uses, including potential cannabis retail use, subject to City approval and buyer verification. The property also benefits from prominent frontage and visibility along Imperial Highway. A separately leased cell tower generates approximately $17,000 in additional annual income, with ownership having received a $275,000 proposal for the cell-site rights. Cell tower income and related rights may be negotiated separately from the purchase price. *Subject property has an Inglewood mailing address but is located within the City of Hawthorne and is subject to Hawthorne zoning and land-use regulations.*
Property details
Location
3800 W Imperial Hwy • Hawthorne, CA 90303
Listed by
Larson Harley · Lyon Stahl Investment Real Estate, Inc.