1015 S San Gabriel Boulevard, San Gabriel, California 91776

$1,795,000

Property Type

Commercial Sale

Building Size

3,504 sqft

City

San Gabriel

Status

Active

RARE LIVE/WORK COMMERCIAL OPPORTUNITY ON SAN GABRIEL BOULEVARD. FIRST TIME OFFERED IN OVER 60 YEARS.Fantastic opportunity to acquire a highly versatile live/work commercial property in the heart of San Gabriel, offering prominent San Gabriel Boulevard frontage, substantial private parking, commercial storefront space and a spacious detached residential component, all situated on an approximately 9,979 square foot lot.The street front commercial portion consists of two storefront units that may potentially be combined to create one larger commercial space or utilized separately, providing flexibility for an owner user, investor or multiple business operations. An oversized garage directly connected to the commercial space can accommodate approximately 3-4 vehicles and offers excellent potential for additional storage, warehouse or business use.Privately positioned at the rear of the property is a spacious three-bedroom, two-bath Mid-Century residence. The home features a generous living/dining area opening into a large, enclosed patio, which leads to an outdoor patio and private yard. A separate oversized two-car garage is attached to the residence, with additional driveway parking.The property also offers attractive occupancy flexibility. A long established nail salon currently occupies approximately 388 square feet of storefront space on a month-to-month tenancy. A caretaker tenant occupying the adjoining commercial space will vacate at the close of escrow, and the three-bedroom residence will also be delivered vacant at closing, providing an excellent opportunity for an owner-user or investor to customize the property for their needs.Located along one of San Gabriel's principal commercial corridors, the property benefits from excellent visibility and exposure to approximately 30,000+ vehicles per day. The surrounding trade area is exceptionally dense, with approximately 25,000+ residents within one mile, 239,000+ within three miles and more than 600,000 within five miles. Median household income in the immediate one mile trade area approaches $100,000, providing a strong consumer base for retail, service, professional and other commercial uses.Public records indicate zoning of SLC1-R3-R1. Prospective buyers should independently verify square footage and investigate the City of San Gabriel's applicable zoning, permitted uses, mixed-use potential and development standards.