Description

We are pleased to present a unique opportunity to acquire an Automotive Body Shop Business and Property plus the adjoining multi-tenant mixed use asset that accompanies this massive 21,000+ SF building just 1.5 miles south of USC in the Vermont Square neighborhood of Los Angeles, California. This offering features a total of 4 buildings that are situated on 2 separate parcels. The first parcel contains 3 buildings and wraps the corner of Vermont Avenue and West 49th Street. The second parcel contains a large warehouse structure approximately 45’ wide by 150’ deep and houses the majority of the Automotive Body Shop work area and office. The building contains a total of 11 units totaling approximately 21,200 square feet of building area. The total parcel size is just over 19,400 square feet. The tenant mix includes 6 ground floor retail tenants, 3 residential units on the upper floors and Vermont Auto Collision, which occupies all of the interior yard space plus 54% of the remaining ground floor retail area. The Auto Body workshop contains a licensed spray booth plus various tools and machinery necessary to run a modern Automotive Body Shop. This offering will include the automotive body shop business and the various furniture, fixtures, and equipment. Alternatively, the ownership can vacate the property if a Buyer has other development considerations. All tenants are also on a month-to-month tenant allowing a Buyer the flexibility to plan the next chapter of this building’s future. It’s rare to find an Automotive Body Shop business that includes the building plus additional multi-tenant opportunity; much less to find such an asset in a dense in-fill market of Los Angeles just 1.5 miles south of USC. This is truly a unique offering perfect for an automotive and real estate enthusiast. *NOTE: Price includes business and real estate. DO NOT DISTURB THE OCCUPANTS. Call agent to schedule a walkthrough.