21627 Sherman Way,Canoga Park, CA 91303
Canoga Park, CA 91303
Description
Rare Owner-User Opportunity to acquire a ±1,500 SF Retail Storefront in the Sherman Corridor (Canoga Park Parts District) of Downtown Canoga Park. Ideal for an owner-user seeking long-term occupancy and stability in a high traffic-visibility neighborhood commercial corridor. Currently operating as a barber shop, the property is well suited for a salon, medical, boutique, Yoga / workout studio, café or comedy club! Recent capital improvements significantly reduce near-term maintenance exposure, making this a turnkey opportunity for immediate occupancy. This property is currently in a designated IRS Opportunity Zone for QOF’s. It’s also within the local JEDI Zone allowing for small business incentives to include accessible loans up to $50,000! PROPERTY HIGHLIGHTS: Four (4) On-Site Parking Spaces. Fully Fenced Lot with Front Roll-Down Security Gate. ADA-Compliant Access Ramp. New Roof (2022). New HVAC System (2022). Updated Electrical & Plumbing (2020). Tankless Water Heater. Polished Concrete Floors, Exposed Brick, Custom Woodwork. LENDING OPTION: This property is well suited for SBA 504 financing, allowing qualified owner-users to, purchase with as little as ~10% down, secure long-term fixed-rate financing and build equity instead of paying rent while locking occupancy costs against future rent increases. For many small business operators, ownership payments may be comparable to current lease rates depending on structure and terms!
Details
| MLS # | SR26038354 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1941 |
| Days On Site | 193 |
| Listing Provided By | Rodeo Realty | Jesse James Johnston |
Features
| SQ Feet | 1,500 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Acreage | 0.08 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Rolled Hot Mop |
|---|---|
| Construction Materials | Concrete, Stucco |
| Lot Features | Zero To One Unit Acre, Near Public Transit, Walkstreet, Zero Lot Line |
| Fencing | Chain Link |
Utilities
| Utilities | Sewer Connected |
|---|---|
| Electric | Electricity On Property, Volts220 |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Canoga Park |
| Zip Code | 91303 |
| Area | CP Canoga Park |
| Listing VS Median (in 91303) | |
Price: $899,998 low | high Med: $1,349,000 sqft: 1,500 low | high Med: 3,835 $ / sqft: $600 low | high Med: $352 On site: 193 low | high Med: 33 | |
Market Activity 91303
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Canoga Park |
| Zip Code | 91303 |
| Area | CP Canoga Park |
| Listing VS Median (in 91303) | |
Price: $899,998 low | high Med: $1,349,000 sqft: 1,500 low | high Med: 3,835 $ / sqft: $600 low | high Med: $352 On site: 193 low | high Med: 33 | |
