Property Detail

Description

Discover a unique investment or owner-user opportunity in this versatile commercial property located along high-traffic Ramona Boulevard. This property features two individual storefronts, ideal for retail or office use, and is currently tenant-occupied on flexible month-to-month leases, offering immediate income with potential for upside. Both units are leased at below-market rents, providing a value-add opportunity for the next owner. The property includes a secured rear parking area for tenant and customer use, along with abundant public parking with over 100 public spaces are located behind the property across the park, and additional public parking is available in front. Strategically situated in a well-established commercial corridor, the property benefits from excellent visibility and accessibility. Ramona Boulevard serves as a major arterial roadway within Baldwin Park, surrounded by a mix of commercial, residential, and industrial uses that support a strong and growing local economy. The city of Baldwin Park has taken proactive steps to revitalize its commercial zones through redevelopment initiatives aimed at improving infrastructure, aesthetics, and business potential. Notably, the Central Business District Redevelopment Project spanning 130 acres between Ramona Boulevard and Los Angeles Street highlights the city's focus on supporting mixed-use and transit-oriented development. The nearby Metrolink Station further enhances connectivity and accessibility for businesses and residents alike.Given the city's commitment to revitalization and the property's prominent location, 14341 Ramona Blvd presents a compelling opportunity for investors or owner-users seeking a strategically positioned asset with growth potential. Flexible lease terms, city-backed improvements, and strong local demographics make this property well-suited for long-term success. Buyers to verify with the city in regards to the current status and any benefits arising from the the redevelopment projects.