Rarely does a property combine immediate income potential with this level of long-term development upside. Located in the heart of Montebello's bustling downtown core, this fully operating & freestanding restaurant is now available for sale & it's an opportunity serious investors won't want to overlook. Positioned on one of the area's highest foot-traffic corridors, this property benefits from exceptional visibility and daily exposure to a strong volume of pedestrian and vehicular traffic. The freestanding structure offers full autonomy with no shared walls, no strata fees & no compromise. The interior 1,500 sqft, turn-key and fully operational, is equipped with a complete commercial kitchen and professional hood system. Sitting on an expansive 11,777 sqft lot, this property includes a spacious parking area with 20 dedicated spaces, an exceptionally rare feature for a downtown commercial asset. The oversized lot not only supports the current use but opens the door to future expansion and redevelopment. Designated commerical C-2, this property supports a broad range of commercial uses and mixed-use development. Subject to city confirmation, this lot may accommodate the construction of up to 10 residential units. All buyers are encouraged to perform their own due diligence regarding zoning and development permissions.
For sale: Commercial lot at 524 Washington Blvd., Montebello, CA 90640. This .5261-acre lot is zoned for General Commercial Retail use and features existing utilities. The property includes two small buildings: a former restaurant and a shed currently used as a security/leasing office. The lot dimensions are approximately 100.50 ft x 223.49 ft. The surrounding area includes a mix of businesses, particularly in the trucking and logistics sectors, along with residential neighborhoods. The property is sold as-is
Montebello is located in California. Montebello, California has a population of 62,828. Montebello is less family-centric than the surrounding county with 23.93% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Montebello, California is $66,584. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Montebello is 37.4 years.
The average high temperature in July is 85.9 degrees, with an average low temperature in January of 46.9 degrees. The average rainfall is approximately 14.9 inches per year, with 0 inches of snow per year.
