$1,750,000
Off Market

16158 Arrow Highway

Irwindale, CA 91706
0.52 acres | #AR20255962
Listing OfficeCentury 21 Adams & Barnes
Type:Multi-Family
Structure:Unit
Zone:Commercial

Description

Offered for sale are two parcels that total approximately 22,859 square, and zoned "Heavy Commercial and Residential Use" that have been utilized as a commercial construction property for over 50 years. Current improvements consist of two small office, a storage building, small outer storage sheds and material storage bins with plenty of parking for equipment, construction vehicles and customer parking. Although listed under commercial, the value lies primarily in the land and the highest and best use being multi-family development. Zoning also allows for Retail, Restaurant and Services. The offering is rare in Irwindale due to its zoning. Located just east of Irwindale Avenue and immediately east of the Irwindale Senior Apartments, Senior Center and Chamber of Commerce. Due to zoning it is very important that prospective buyers reach out to the City of Irwindale with their proposed use.

  • Property Details
      • Lot DescriptionItem25UnitsAcre, Paved, RectangularLot, SprinklerSystem, StreetLevel, TearDown, ValueInLand, Level
      • Stories1
    • Measurements
      • Acres0.5248
  • Construction Details
      • Property TypeInvestment
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasAvailable, PhoneAvailable, SewerConnected, WaterConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,950,000
      • Buying Agency Compensation2.500
  • Other
      • MLS #AR20255962
  • -

    Location

    SparrowLily Realty, Inc.Real Estate Group