Does Your Business Need a New Home?
The remodel of a prime commercial space at 1040 S. Grand Ave. has just been completed and is waiting for its next lucky tenant! The space, previously an electronic parts warehouse in the 60’s and 70’s, had been vacant and neglected for years before it’s recent updating with a new floor to ceiling glass façade and a cheerful new paint job. In addition, new drywall has been installed, the roof replaced, and air conditioning has been repaired and updated. As a bonus, there is a wide, high traffic sidewalk right on Grand Ave.
Inside is 7,800 sq. ft. of net rentable space with 1-1/2 story high ceilings and both front and rear access. The space may be subdivided and is perfect for luxury retail, office, or bodega. Restaurant usage would be allowed with approval of a Conditional Use Permit, or…what have you. Leasing of this beautiful, high traffic space would complete the revitalization of the east side of Grand Ave. between Olympic and 11th in what has become the commercial center of a South Park neighborhood teeming with vitality and over 2,000 residential units in the immediately surrounding area.
Edan Shalom (213-261-4944), who represents the owner of the property, said the space is being offered at $3.00/sq. ft. - net. We’d love to see a wonderful new clothing outlet, fast food restaurant operation, food court, wine and cheese shop, doctor’s office, bar/bodega, deli/coffee shop or the realization of your perfect new idea. Give Edan a call to discuss your vision!
By John Nilsson