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7307-7309 Canoga Ave 4,318 SF Retail Building Canoga Park, CA 91303 $2,265,000 ($524.55/SF)
INVESTMENT HIGHLIGHTS
- Retail, restaurant, or light manufacturing building for sale in Canoga Park, adjacent to Warner Center, a master-planned business development.
- Additional upgrades include new exterior stucco and pain and a new front and rear 8-foot sliding double-door security gate system.
- Seller Financing Available - For Qualified Buyer - Owner will carry at 5% interest only - with 25% down payment
- Benefit from 3-phase, 600-amp power, a new cool roof with rain gutters, two new five-ton HVAC units, and two Daikin mini split units.
- This incredible investment opportunity is ideal for an SBA loan, or the owner will carry back financing for a qualified buyer.
EXECUTIVE SUMMARY
7307-7309 Canoga Avenue presents a unique opportunity to purchase a freestanding building with excellent visibility on a major thoroughfare in Canoga Park, just north of the Warner Center, a master-planned neighborhood and business district development in the Canoga Park and Woodland Hills neighborhoods of the San Fernando Valley.
MR-1 zoning allows for various uses, making this property an ideal fit for an owner/user. The flexibility of uses is further enhanced as the property is located in a Transit Priority Area and a State Enterprise Zone, which may provide employee tax credits, expedited plan review, and reduced parking requirements.
Seller Financing Available - For Qualified Buyer - Owner will carry at 5% interest only - with 25% down payment
This ±4,318-square-foot single-story gem includes hood/ventilation access for food service, a ±1,345-square-foot front patio for additional seating, 600-amp 3-phase power, a new HVAC system, and restroom and plumbing upgrades. The property features numerous interior and exterior improvements, including a new front and rear 8-foot sliding double-door security gate system, new storefront glazing with a dark bronze frame, and new exterior stucco and paint. This acquisition is an excellent fit for an SBA loan or a qualified buyer; the owner is willing to carry back financing.
Former Use was a Bakery
For more details, please contact Austin Harrell at (818) 514-0547 or Kenneth Simons at (818) 650-1606.
MR-1 zoning allows for various uses, making this property an ideal fit for an owner/user. The flexibility of uses is further enhanced as the property is located in a Transit Priority Area and a State Enterprise Zone, which may provide employee tax credits, expedited plan review, and reduced parking requirements.
Seller Financing Available - For Qualified Buyer - Owner will carry at 5% interest only - with 25% down payment
This ±4,318-square-foot single-story gem includes hood/ventilation access for food service, a ±1,345-square-foot front patio for additional seating, 600-amp 3-phase power, a new HVAC system, and restroom and plumbing upgrades. The property features numerous interior and exterior improvements, including a new front and rear 8-foot sliding double-door security gate system, new storefront glazing with a dark bronze frame, and new exterior stucco and paint. This acquisition is an excellent fit for an SBA loan or a qualified buyer; the owner is willing to carry back financing.
Former Use was a Bakery
For more details, please contact Austin Harrell at (818) 514-0547 or Kenneth Simons at (818) 650-1606.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,318 SF
Building Class
B
Year Built/Renovated
1965/2024
Price
$2,265,000
Price Per SF
$524.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
LAMR1 - Restricted Industrial CM Uses, Limited Commercial and Manufacturing, Clinics, Media Products, Limited Machine Shops, Animal Hospitals and Kennels
Parking
10 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
43’ on Canoga
AMENITIES
- 24 Hour Access
- Fenced Lot
- Pylon Sign
- Restaurant
- Signage
- Skylights
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2111-016-037 | Improvements Assessment | $520,200 |
| Land Assessment | $1,248,480 | Total Assessment | $1,768,680 |
PROPERTY TAXES
Parcel Number
2111-016-037
Land Assessment
$1,248,480
Improvements Assessment
$520,200
Total Assessment
$1,768,680
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7307-7309 Canoga Ave
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