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8460 Telegraph Rd

1,942 SF Retail Building Downey, CA 90240 £2,503,840 (£1,289/SF)

Investment Highlights

  • Recently Rezoned
  • Can be used for commercial or residential.

Executive Summary

Located at the bustling intersection of Telegraph Road and Stoakes Avenue in Downey, 8460 Telegraph Rd presents a prime commercial opportunity in a thriving market. This expansive corner lot spans 22,984 square feet, featuring a versatile 1,942 square foot office building with ample potential for various commercial uses. The property is permitted for car sales usage as well. Strategically positioned amidst major freeways and transportation arteries, the property enjoys exceptional visibility and accessibility, making it an ideal location for businesses seeking maximum exposure. With heavy traffic flow and proximity to key transit hubs, the site offers unparalleled potential for commercial success. Investors and entrepreneurs alike are presented with a lucrative opportunity to capitalize on Downey's dynamic commercial landscape.
The property's generous land size allows for expansion, customization, or adaptive reuse, catering to the specific needs of entrepreneurs and developers. Additionally, recent and forthcoming developments in the area, including the addition of prominent establishments such as Raising Cane's, underscore the region's economic vibrancy and growth potential. Whether considering retail outlets, service-oriented enterprises, or innovative business concepts, 8460 Telegraph Rd offers a strategic foundation for realizing ambitious commercial ventures. In summary, 8460 Telegraph Rd stands as a premier commercial asset in a prime location, poised to deliver substantial returns and long-term value appreciation. Don't miss out on this exceptional opportunity to secure a foothold in one of Downey's most sought-after commercial corridors.

Attachments

DOWNEY

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,942 SF
Building Class
B
Year Built
1956
Price
£2,503,840
Price Per SF
£1,289
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
0.53 AC
Zoning
DOC4-P* - Downey Office (DO) Commercial Zone (C4) with a Parking (P)

Amenities

  • 24 Hour Access
Walk Score ®
Very Walkable (82)
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.®

Nearby Major Retailers

Northgate Gonzalez Market
Starbucks
Chase Bank
Flame Broiler
Ralphs
Golden Corral
The Coffee Bean & Tea Leaf
Planet Fitness
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6367-025-020
Land Assessment
£864,855
Improvements Assessment
£183,449
Total Assessment
£1,048,305
  • Listing ID: 31196587

  • Date on Market: 12/03/2024

  • Last Updated:

  • Address: 8460 Telegraph Rd, Downey, CA 90240

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