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24337 Main Street

Newhall, CA 91321
  • $1,833,000
  • STATUS: Active Under Contract
  • ON SITE: 74 Days
  • ID#: SR22160401
Under Contract
UPDATED: 74 min ago
$1,833,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Listing Agent(s): Bob Khalsa of United America Realty Services Inc (661-260-3911)


Description

Prime corner lot, retail property in downtown Newhall which is one of the most sought after locations in the City of Santa Clarita. Based on the 2005 Newhall Redevelopment Plan for downtown Newhall, this area is experiencing a renaissance and is becoming the City's Premier Arts and Entertainment destination. Downtown Newhall is humming with multiple restaurants and new stores opening up. About 500 feet from the subject property is a newly constructed 4 story parking structure, a 47 unit apartment complex, 20,000 SF of retail and a 7 screen Laemmle theater This is a happening area and is fast becoming a crown jewel of Santa Clarita. The property was extensively renovated in May 2014. The renovations included new windows & doors, new roof and ceiling joists, new electrical service, new plumbing, new HVAC, new insulation & drywall, new flooring and two new ADA compliant restroom. Within walking distance are a number of popular restaurants, Canyon Theater & Metro link station. City zoning permits zero lot line development with alternative fees for parking requirements being met with the parking structure. Great property for Owner Use or Investor. Structure is presently demised for 2 units with interconnecting doors. New Owner can occupy one space and lease the second space. The entire structure can also be used as one space Existing tenant is on a month to month lease. The property is also available for lease at $3.00 per SF NNN.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-04T09:25:24.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living SoCal. Licensed in the State of California, USA.
www.betterlivingsocalhomes.com/homes/131107684
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24337 Main Street Newhall, CA 91321

  • Price: $1,833,000
  • Status: Active Under Contract
  • On Site: 74 Days
  • Updated: 74 min ago
  • ID#: SR22160401
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1971
Built
Neighborhood:
DNEW - Downtown Newhall
County:
Los Angeles
Area:
DNEW - Downtown Newhall
Property Description
Prime corner lot, retail property in downtown Newhall which is one of the most sought after locations in the City of Santa Clarita. Based on the 2005 Newhall Redevelopment Plan for downtown Newhall, this area is experiencing a renaissance and is becoming the City's Premier Arts and Entertainment destination. Downtown Newhall is humming with multiple restaurants and new stores opening up. About 500 feet from the subject property is a newly constructed 4 story parking structure, a 47 unit apartment complex, 20,000 SF of retail and a 7 screen Laemmle theater This is a happening area and is fast becoming a crown jewel of Santa Clarita. The property was extensively renovated in May 2014. The renovations included new windows & doors, new roof and ceiling joists, new electrical service, new plumbing, new HVAC, new insulation & drywall, new flooring and two new ADA compliant restroom. Within walking distance are a number of popular restaurants, Canyon Theater & Metro link station. City zoning permits zero lot line development with alternative fees for parking requirements being met with the parking structure. Great property for Owner Use or Investor. Structure is presently demised for 2 units with interconnecting doors. New Owner can occupy one space and lease the second space. The entire structure can also be used as one space Existing tenant is on a month to month lease. The property is also available for lease at $3.00 per SF NNN.
Exterior Features

Construction Materials Stucco Fencing None Lot Features Near Public TransitRectangular LotLevel Parking Total 10 Sign On Property YN No Topography Level

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Electric Standard Land Lease YN No Laundry Features None Lease Considered YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Net Operating Income 104400 Number Of Units Leased 2 Property Sub Type Retail Special Listing Conditions Standard Utilities Electricity ConnectedSewer ConnectedWater Connected Water Source Public Zoning Scsp-Uc



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-04T09:25:24.2. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Better Living SoCal. Licensed in the State of California, USA.
 
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Better Living SoCal
250 El Camino Real #104
Tustin CA, 92780
Listing Agent(s): Bob Khalsa of United America Realty Services Inc (661-260-3911)