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Derrick Kim
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13363 Artesia Boulevard, Cerritos, CA 90703 (MLS # PW20176833)

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PRICE $5,950,000
SIZE 1,568 sq ft
LOT SIZE 25,000 sqft

ARCO gas station business and land for sale. Located on a 25,000 square foot corner pad in a busy retail shopping center and on the major traffic intersection of Artesia and Carmenita in the city of Cerritos. Located near the 91 and the 5 freeways on the North West corner of Artesia and Carmenita. Businesses and land offered together. This station was recently converted to an ARCO station with new pump stations and just less than 15 years left on the agreement. Unique opportunities present themselves to owner/users and investors as there are 5 different business income streams currently operating and opportunities to add value. Current income streams include gas sales, snack shop, body shop, SMOG Test Only, and propane sales. New owners can choose to operate the station and other business including the body shop and SMOG Test Only or lease out the 3 bay garage and be a landlord and just operate the gas station, snack shop, and propane business. Significantly increase the income with little effort by expanding the capacity of the snack shop and adding Lotto sales. The Gas Tanks and Pumps are upgraded and very well-maintained with recent testing. If you walk the property, please be discreet and do not speak to customers or workers.

DAYS ON MARKET 58 LAST UPDATED 9/28/2020
YEAR BUILT 1970 COMMUNITY Not Defined
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) CommercialSale

PRICE HISTORY
Prior to Sep 28, '20 $6,900,000
Sep 28, '20 - Today $5,950,000


ADDITIONAL DETAILS
ASSETCLASS Retail, Specialty
BUILDINGAREAUNITS Square Feet
BUILDINGSTATUS Existing
COLISTAGENTFIRSTNAME Sean
COLISTAGENTLASTNAME Dibsy
COLISTAGENTSTATELICENSE 02087043
COLISTOFFICENAME THE brokeredge
COMMONINTEREST None
CONDOAREAUNITS Square Feet
LANDLEASEYN 0
LANDUSE Other, Retail
LAUNDRYFEATURES None
LEASABLEAREAUNITS Square Feet
LISTAGENTSTATELICENSE 01723613
LOTFEATURES Corner Lot
LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR 699 - Not Defined
PARCELNUMBER 7008015001
PRICEPERSQUAREFOOT 3794.64
PROPERTYSUBTYPE Specialty
PROPERTYTYPE Commercial Sale
SPECIALLISTINGCONDITIONS Standard
STANDARDSTATUS Active
WATERSOURCE Public

ZESTIMATE
  13363 Artesia Boulevard, Cerritos, CA

RENT ZESTIMATE
  13363 Artesia Boulevard, Cerritos, CA

66 Somewhat Walkable



 
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Listing provided by : Sammer Mudawar License # 01723613, THE brokeredge Co-Listed with Sean Dibsy License # 02087043, THE brokeredge

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 10/24/20 5:18 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information