21627 Sherman Way, Canoga Park, CA 91303

  • Open House
  • New Listing
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  • Coming Soon
  • Sold
  • Leased
  • Price Reduced$48,802

$899,998

  • 0 BedroomBedrooms
  • 0 BathroomBathrooms
  • Sq.Ft.
  • Commercial
  • Active
  • MLS# SR26038354
  • Floor Plan
  • Sold on
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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!

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Property Information 21627 Sherman Way

  • MLS: SR26038354
  • City: Canoga Park
  • County: Los Angeles
  • Zip Code: 91303
  • Type: Commercial
  • Lot Size: 3, 501 sqft
  • Year Built: 1941
  • Laundry Features: Laundry Room
  • Roof: Rolled/Hot Mop
  • Cooling: Central Air
  • Heating: Central
  • Water: Public
 

This calculator is provided for informational purposes. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

Jesse James Johnston

Listing Agent

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