24237 Main St, Newhall, CA 91321

Property Description

This property offering includes the improved building facing Main Street on the corner of 6th Street and Main. For sale or For lease. Currently vacant and ready for the new owner to operate a retail store, restaurant, art studio, medical office, Med Spa and many other uses as permitted by the City of Santa Clarita. Located on the corner of Main Street and 6th in the vibrant downtown Old Town Newhall, this property is a rare site for the investor, owner user or developer. This historical building has been serving the Santa Clarita Valley as a Med Spa for over a decade. The other uses are boutique, retail, restaurant, cafe, bakery. All uses to be verified by the buyer. There is the potential to develop a mixed use retail and multifamily or a boutique hotel over retail shops in the most sought after Santa Clarita's Newhall Main Street corridor. The building size with APN 2831-014-013 according to the tax assessor is 7,040 and sits on a lot size of 11,987. In addition there is a vacant lot on 6th and Newhall that can be purchased separately for $535,000. This lot will serve for parking for the staff of the retail, restaurant or Med Spa. The rear portion is now leased on a short term basis giving the developer or owner user the advantage of income during the entitlement phase. Partners are ready to move forward. at the revised price by separating the lot from the main building. This is a rare property in Old Town Newhall.