162 S 8th Avenue , , La Puente, CA 91746

La Puente, CA 91746
$4,700,000
Industrial

Property Description

Amazing price reduction! Great opportunity to start your own business. Profitable. Performance Parts Exchange (PPE) is an independent and family-owned company that specializes in remanufacturing automotive parts that serves all Southern California since the 1990s and has been thriving for over 30 years. PPE supplies professional automotive warehouses and the automotive repair industry with remanufactured parts for a huge variety of parts for many makes and models and maintenance services to a loyal customer base. Spacious two detached industrial buildings, custom designed combo of warehouse and office spaces totaling 10,501 sf per appraisers measurement and lot size 21,211 sf. per assessor located in the heart of Valley Business Center in City of La Puente adjacent to the City of Industry. Front building 5,656 sf. with office spaces approximately 2,130 +/- sf. and rear building 4,845 sf. Its zoned M1, Light Manufacturing Zone, which permits a wide range of industrial and limited commercial uses with 15 parking spaces and unlimited street parking. There are 5 restrooms, supply/inventory rooms, private office rooms, loft spaces, and break rooms for the employees. Inside the front and rear of the buildings are an ample warehouse area with 18-to-22-foot ceilings and 4 industrial roll-up garage doors and more to mention. The current owner is willing to provide training and support to ensure a smooth transition of ownership. With a steady stream of repeat and referral customers, there is ample opportunity to expand the business and increase revenue. This is a turnkey opportunity for an entrepreneur or an existing business owner to take over a thriving remanufacturing automotive parts and continue to grow it. Don't miss this great opportunity to own real estate and leasing income with excellent potential. Commercial buildings and the business will be sold separately. The business is also for sale MLS #OC23060486.
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PROPERTY DETAILS

  • Exterior
    .49 Acres
  • Property Type
    Industrial
  • MONTHLY REAL ESTATE TAX
    $1,329
  • ANNUAL REAL ESTATE TAX
    $15,953
  • Year Built
    1990
  • MLS/Listing ID
    OC23060486

BUILDING/PROPERTY DETAILS

  • Air Conditioning
  • Brick
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Listing Courtesy of Bold Investment Group, Inc, Listing Agents Kevin Le - CA DRE Lic. #01896464 - 714-713-1013
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