Description

The property is currently occupied by one tenant but has the potential to be leased to two separate tenants. Rare opportunity to purchase a Commercial property in the heart of Rosemead! Located near the intersection of Mission Dr and Rosemead Blvd, this 4,020 SF property sits on 11,241 SF and offers 16 parking spaces. Amazing location near Rosemead High School. An excellent investment with future owner-user or value add potential. The current tenant has 20 plus years in this location and their lease just converted to month-to-month. Tenant would like to stay long term at their current rental rate. Month-to-month status allows a Buyer to negotiate a lease with the existing tenant, or terminate them with a 90 day notice and either owner-occupy or re-lease the property.

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Location

Located on Excellent Corner Lot with traffic of appx 45,000 cars per day! 1 Block from Intersection of Mission Dr and Rosemead Blvd which is home to Rosemead High School, Rosemead Park, and In & Out. Nearby Restaurants: In-N-Out, iHop, Neighbors Tea House, Pho Pasteur, Summer Rolls, Boston Lobster Seafood Restaurant, Di Pilla’s Italian Restaurant, & More. Nearby Stores: 7-11, Fragrant Jerky, Prime Time Nutrition, Great Wall Supermarket, Grocery Outlet, & Rite-Aid. Nearby Schools: Emma W. Shuey Elementary School, St Anthony School, Rosemead High School.

Property Highlights​​​

• Located on a Corner Lot with Traffic of Approx. 50,000 Cars Per Day!

• 1 Block from Intersection of Mission Dr and Rosemead Blvd Which is Home to Rosemead High School, Rosemead Park, and In & Out. Apx. 47,000 Cars Per Day.

• Property Has Been 2 Stores Combined into One, Potential to Turn Into 2 Units in Future.

• The 2024 Average Home Income Within a 1 Mile Radius is $96,275.

• Excellent Signage Opportunity

• Spacious Parking Lot with 16 Spaces

• Well Maintained Property That Can be Used in Multiple Ways: Retail, Office, Restaurant, etc (Buyer to Verify).