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Single-Tenant Industrial

101 N Virgil Ave

101 N Virgil Ave, Los Angeles, CA 90004

Listing Price: $2,650,000

Cap Rate
3.62%
Gross SF
5,750
Price/Gross SF
$460.87
Lot Size
0.13 acres
Year Built
1946
Rentable SF
5,750

Investment Overview

Marcus & Millichap is pleased to introduce an exceptional commercial kitchen opportunity in the heart of Los Angeles, CA, located at 101 N Virgil Ave. This prized property has been recently renovated with state-of-the-art equipment allowing a user to take advantage of today’s ghost kitchen market.

The property is ideally suited for an owner-user seeking premium commercial space or an investor looking for lucrative returns. The flexibility of the current tenancy allows for easy adaptation to an Owner-User’s immediate needs. Or as an investor, capitalize on the street’s high rental rate, ensuring a rewarding long-term investment. Strategically designed and meticulously equipped, this property is tailor-made for culinary entrepreneurs seeking a turnkey solution for their food-related ventures.

Whether you’re an aspiring chef, a food production company, or a culinary innovator, this commercial kitchen promises to be the heartbeat of your culinary success. This property is not just a kitchen; it’s a culinary ecosystem designed to foster innovation, efficiency, and success.

Rampart Park, California is a growing and vibrant area, and is experiencing a renaissance, attracting both businesses and residents seeking an urban lifestyle with a strong sense of community. The neighborhood’s strategic location, coupled with ongoing infrastructure developments, makes it a hotbed for investment opportunities.

Investment Highlights

  • 5,750 Square Feet of recently renovated kitchen space – new HVAC, walk in freezer and cooler, office, warehouse, and kitchen space.
  • Ghost kitchen opportunity location in the center of Los Angeles.
  • Ideal Turn-Key Owner-User Transaction.
  • Situated on the Corner of 1st Street & N Virgil Ave with excellent visibility. Easy access to the 101 freeway.
  • Proximity to Silver Lake, Echo Park, Hancock Park, Koreatown, Westlake, and Downtown Los Angeles.

Exclusively Listed By

Financing By

Single-Tenant Industrial

101 N Virgil Ave

Listing Price: $2,650,000

Cap Rate
3.62%
Gross SF
5,750
Price/Gross SF
$460.87
Lot Size
0.13 acres
Year Built
1946
Rentable SF
5,750

Investment Highlights

  • 5,750 Square Feet of recently renovated kitchen space – new HVAC, walk in freezer and cooler, office, warehouse, and kitchen space.
  • Ghost kitchen opportunity location in the center of Los Angeles.
  • Ideal Turn-Key Owner-User Transaction.
  • Situated on the Corner of 1st Street & N Virgil Ave with excellent visibility. Easy access to the 101 freeway.
  • Proximity to Silver Lake, Echo Park, Hancock Park, Koreatown, Westlake, and Downtown Los Angeles.

Investment Overview

Marcus & Millichap is pleased to introduce an exceptional commercial kitchen opportunity in the heart of Los Angeles, CA, located at 101 N Virgil Ave. This prized property has been recently renovated with state-of-the-art equipment allowing a user to take advantage of today’s ghost kitchen market. The property is ideally suited for an owner-user seeking premium commercial space or an investor looking for lucrative returns. The flexibility of the current tenancy allows for easy adaptation to an Owner-User’s immediate needs. Or as an investor, capitalize on the street’s high rental rate, ensuring a rewarding long-term investment. Strategically designed and meticulously equipped, this property is tailor-made for culinary entrepreneurs seeking a turnkey solution for their food-related ventures. Whether you’re an aspiring chef, a food production company, or a culinary innovator, this commercial kitchen promises to be the heartbeat of your culinary success. This property is not just a kitchen; it’s a culinary ecosystem designed to foster innovation, efficiency, and success. Rampart Park, California is a growing and vibrant area, and is experiencing a renaissance, attracting both businesses and residents seeking an urban lifestyle with a strong sense of community. The neighborhood’s strategic location, coupled with ongoing infrastructure developments, makes it a hotbed for investment opportunities.

Exclusively Listed By

Financing By

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