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Industrial Warehouse | Delivered Vacant 1026 S Gerhart Ave

4,075 SF Industrial Building Commerce, CA 90022 £1,173,675 (£288/SF) 5.50% Net Initial Yield

Investment Highlights

  • Delivered 100% Vacant
  • Logistics or small-scale production facility
  • Access to Major Logistics Hubs
  • Ideal for an Owner/User or Investor
  • Prime Industrial Location
  • Zoning: M (Light Manufacturing), suitable for various industrial and manufacturing uses.

Executive Summary

Delivered Vacant! 1026 S. Gerhart Avenue offers an ideal opportunity for businesses seeking a light industrial manufacturing warehouse located in Commerce, CA. This one-story, single-tenant, freestanding industrial property, built in 1950, spans 4,075 square feet and sits on a 5,009 square foot lot. Zoned M (Light Manufacturing), it provides flexibility for a wide variety of industrial or manufacturing operations. Importantly, the property will be delivered 100% vacant, making it suitable for an owner-user or an investor looking to capitalize on market rental rates. Located in a prime industrial area with proximity to key logistics hubs, including the Los Angeles and Long Beach ports, as well as the Alameda Corridor freight expressway, the property provides excellent logistical advantages.

Attachments

1026 S Gerhart Ave - Offering Memorandum - SW Group

Property Facts

Price £1,173,675 Building Class B
Price Per SF £288 Lot Size 0.11 AC
Sale Type Investment or Owner User Rentable Building Area 4,075 SF
Net Initial Yield 5.50% Number of Floors 1
Property Type Industrial Year Built 1950
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
 Tenancy Single
Price £1,173,675
Price Per SF £288
Sale Type Investment or Owner User
Net Initial Yield 5.50%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
Building Class B
Lot Size 0.11 AC
Rentable Building Area 4,075 SF
Number of Floors 1
Year Built 1950
Tenancy Single

Amenities

  • Fenced Lot
  • Storage Space

Links

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Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 6339-001-007 Improvements Assessment £47,538
Land Assessment £79,455 Total Assessment £126,992

PROPERTY TAXES

Parcel Number
6339-001-007
Land Assessment
£79,455
Improvements Assessment
£47,538
Total Assessment
£126,992

zoning

Zoning Code CMM1
CMM1
(818) 970-0915

  • Listing ID: 33199099

  • Date on Market: 17/09/2024

  • Last Updated:

  • Address: 1026 S Gerhart Ave, Commerce, CA 90022

The Industrial Property at 1026 S Gerhart Ave, Commerce, CA 90022 is currently available For Sale. Contact Seymour | Weinberger Group for more information.

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Industrial Warehouse | Delivered Vacant | 1026 S Gerhart Ave
(818) 970-0915 x

Industrial Warehouse | Delivered Vacant | 1026 S Gerhart Ave

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David Weinberger

(818) 970-0915

(818) 970-0915

Megan Husri

(661) 839-3032

(661) 839-3032

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