740 W Garvey Avenue Monterey Park, CA 91754
High traffic intersection & Visibility with High Density Mixed-Use Redevelopment Site - Prime SE Corner of Atlantic and Garvey in heart of Monterey Park. A Great opportunity offers the developer with annual net income over $600,000 during the time of redevelopment process, submit the plan till final approval for the new construction. Currently building on the site consists 28,159 SF retail stores, 95% leased and 95% lease expires in 2019. Surrounded by strong mixed -use investment demand. Excellent redevelopment site proposes for retail, office, restaurants and hotel/ residential with F.A.R 2.25. Please verify with City. Prime High Visibility Location on Atlantic Blvd and Garvey Ave and Easy access to Freeway #10, 60 & 710 with a daily traffic count in excess of 70,000 cars per day. Walk to Time Square Plaza, restaurants, shops, theater, bank, Supermarkets, Residents & Courtyard by Marriott under construction. Minutes to Cal State Los Angeles, San Marion, Pasadena, San Gabriel Valley and approximately 7 miles to Downtown Los Angeles.The separate corner vacant Land 21,0228 SF is also for sale $$$ with building plan approval for approximately 7000 SF with 4 retail stores or Buyer can resubmit the plan for high density F.A.R. Please verify with City., 1 S/E Corner of Atlantic Blvd and Garvey Ave
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 2.0000 Acres
Description Lot Over 40000 Sqft, Lot Shape-Flag, Lot Shape-Irregular
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Square Feet 87120
Other Features Include:
Community Features Sidewalks, Street Lighting, Urban
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