21627 Sherman WAY, Canoga Park, CA 91303
21627 Sherman WAY, Canoga Park, CA 91303
21627 Sherman WAY, Canoga Park, CA 91303
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$899,998
Est. payment /mo
3,502 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26038354

HOA Y/N No

Year Built 1941

Lot Size 3,502 Sqft

Property Sub-Type Retail

Property 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!

Location

State CA

County Los Angeles

Area Cp - Canoga Park

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Laundry Room

Exterior

Fence Chain Link

Utilities Available Sewer Connected

Roof Type Rolled/Hot Mop

Present Use See Remarks

Total Parking Spaces 4

Building

Lot Description 0-1 Unit/Acre, Near Public Transit, Walkstreet, Zero Lot Line

Story 1

Water Public

Others

Tax ID 2111019002

Acceptable Financing 1031 Exchange, Submit

Listing Terms 1031 Exchange, Submit

Special Listing Condition Standard

Virtual Tour https://listings.logonandevemedia.com/videos/019c7c92-41d9-7272-9688-c53f5c6da08f?v=218

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jesse James Johnston Rodeo Realty 818-326-0945, DRE #01732745

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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