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Warehouse

13311 Sherman Way

13311 Sherman Way, North Hollywood, CA 91605

Listing Price: $6,600,000

Gross SF
21,784
Price/Gross SF
$302.97
Lot Size
0.43 acres
Year Built
1953
Rentable SF
21,784

Investment Overview

Marcus & Millichap is pleased to present 13311 Sherman Way in North Hollywood California. This 21,784 square foot Industrial building sits on an approximate 18,883 square foot parcel of land zoned CM. (Buyer to verify square footage. Current Certificate of Occupancy - Restaurant, Storage, and Parking Garage) The property is located on a prime busy corner lot at Sherman Way and Fulton Ave, boasting a private gated parking lot with 31 total parking spaces, 13 of those being covered indoor spots. 13311 Sherman Way is the perfect opportunity for a commercial owner/user Buyer to acquire a real estate asset for their business. The property is zoned CM (Commercial Manufacturing) which allows any uses permitted in the “C2” zoning area, along with various manufacturing and industrial uses. Ownership has made many improvements to the structure and facility over the years to facilitate their businesses: including 2nd floor outside patio, commercial kitchen, elevator, sprinklers, office space, and warehouse garage. The building is currently improved and permitted with a restaurant and banquet hall. There are two beautifully built-out large ball rooms, one on each floor. The unique 2nd floor outdoor patio space provides amazing panoramic views of the San Fernando Valley and Surrounding Mountain Ranges. Sherman Way is located within a densely populated industrial, commercial, and residential area with an approximate 2021 population of 352,386 people and 2021 Average Annual Household Income of $78,214 within 3 miles. The property is just blocks away from the Sherman Way on/off ramps for the 170 Freeway and the 405 Freeway.

Investment Highlights

  • Prime Busy Corner Lot at Sherman Way and Fulton Ave
  • Currently Improved and Permitted Restaurant/Banquet Hall
  • Two Large Ball Rooms Equipped with an Elevator, Commercial Kitchen, Bathrooms, Sprinklers, Reception Area
  • 2nd Floor Outdoor Patio Area for Guests
  • Additional 600 SF Office Space with Garage Warehouse
  • Private Gated Parking Lot with 18 Parking Spaces
  • CM Zoning (Commercial Manufacturing – Allows Commercial/Industrial Uses
  • Blocks from the Sherman Way on/off ramps for the 170 and 405 Freeways

Exclusively Listed By

Financing By

Warehouse

13311 Sherman Way

Listing Price: $6,600,000

Gross SF
21,784
Price/Gross SF
$302.97
Lot Size
0.43 acres
Year Built
1953
Rentable SF
21,784

Investment Highlights

  • Prime Busy Corner Lot at Sherman Way and Fulton Ave
  • Currently Improved and Permitted Restaurant/Banquet Hall
  • Two Large Ball Rooms Equipped with an Elevator, Commercial Kitchen, Bathrooms, Sprinklers, Reception Area
  • 2nd Floor Outdoor Patio Area for Guests
  • Additional 600 SF Office Space with Garage Warehouse
  • Private Gated Parking Lot with 18 Parking Spaces
  • CM Zoning (Commercial Manufacturing – Allows Commercial/Industrial Uses
  • Blocks from the Sherman Way on/off ramps for the 170 and 405 Freeways

Investment Overview

Marcus & Millichap is pleased to present 13311 Sherman Way in North Hollywood California. This 21,784 square foot Industrial building sits on an approximate 18,883 square foot parcel of land zoned CM. (Buyer to verify square footage. Current Certificate of Occupancy - Restaurant, Storage, and Parking Garage) The property is located on a prime busy corner lot at Sherman Way and Fulton Ave, boasting a private gated parking lot with 31 total parking spaces, 13 of those being covered indoor spots. 13311 Sherman Way is the perfect opportunity for a commercial owner/user Buyer to acquire a real estate asset for their business. The property is zoned CM (Commercial Manufacturing) which allows any uses permitted in the “C2” zoning area, along with various manufacturing and industrial uses. Ownership has made many improvements to the structure and facility over the years to facilitate their businesses: including 2nd floor outside patio, commercial kitchen, elevator, sprinklers, office space, and warehouse garage. The building is currently improved and permitted with a restaurant and banquet hall. There are two beautifully built-out large ball rooms, one on each floor. The unique 2nd floor outdoor patio space provides amazing panoramic views of the San Fernando Valley and Surrounding Mountain Ranges. Sherman Way is located within a densely populated industrial, commercial, and residential area with an approximate 2021 population of 352,386 people and 2021 Average Annual Household Income of $78,214 within 3 miles. The property is just blocks away from the Sherman Way on/off ramps for the 170 Freeway and the 405 Freeway.

Exclusively Listed By

Financing By

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