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7951 Garvey Avenue, Rosemead, CA 91770

$3,000,000
Commercial Property MLS# WS17127557 ID: 45730940
$3,000,000 Get Rates

LAND VALUE - DEVELOPMENT OPPORTUNITYIn the heart of former auto auction and within the City of Rosemead Garvey Avenue Specific Plan. In May of 2014, the City of Rosemead initiated a comprehensive and visionary plan to revitalize the Garvey Avenue corridor, invested approximately $270,000 to date, the City of Rosemead has committed significant resources scheduled for completion in early spring of 2017, the Garvey Avenue Specific Plan is expected to support commercial and residential uses in an integrated mixed use setting, with and incentivized program allowing the ability to build up to a 3 to 1 FAR and 80 dwelling units per acre, up to a 75 foot height limit. This visionary planning process initiated by City of Rosemead provides the fundamental framework for a visionary developer to create a regional draw for modern living intertwined with first class retail, food and entertainment.Currently, a one story building with three commercial retail units and parking in the rear. Sell in "As-Is" physical conditions, no repair, no termite.Please DO NOT contact tenants, BRIVE BY ONLY. Buyer and Buyer's agent to verify all MLS and property information with city to their satisfactions. See supplements for additional information.

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Location Information near 7951 Garvey Avenue
Offered by Thanh Ly at UNITED R.E.- LOS ANGELES

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Property Features for 7951 Garvey Avenue
Status
Market Status
Available
Last Updated
September 20, 2017
Description
Property Type
Commercial Property
Year Built
1955

Location

  • MLS Area: 651 - Rosemead/S. San Gabriel

Data Provided by California Regional Multiple Listing Service

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More information about this $3,000,000 Commercial Property at 7951 Garvey Avenue

This $3,000,000 Commercial Property at 7951 Garvey Avenue in Rosemead, CA is presented by Thanh Ly. This $3,000,000 Commercial Property, located in the 91770 zip code, has the following property features: MLS Area. This 7951 Garvey Avenue Commercial Property, located in Los Angeles County , is listed under MLS listing number WS17127557 and has a listing price of $3,000,000. You can find more ROSEMEAD homes for sale here.