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10010 Paramount Blvd
Downey, CA 90240

$4,399,999 USD

Bank For Sale  •  5,950 SF

Property Details

  • Property Type Bank
  • Total Building Size 5,950 SF
  • Lot Size 0.68 AC
  • Building Class C
  • Year Built 1969
  • Tenancy Single
  • Zoning C-2
0 Transit Score
84 Walk Score

Highlights

Prime Location: Paramount & Florence in Downey, CA, 70K+ daily cars, high visibility, easy access, ideal for retail, restaurant, or medical use
Former Bank & Drive-Thru: 5,950 SF ex-Bank of America with a rare double drive-thru, perfect for fast food, pharmacy, or high-traffic businesses
Ample Parking & Land: 44 spaces on a full acre, ensuring convenience for customers, employees, and future development opportunities
Development Potential: Ideal for repositioning or redevelopment, leveraging an efficient site plan in a built-out, high-demand area
Owner-User Perks: SBA loans with 10-15% down, plus tax advantages from depreciation and cost segregation for financial benefits
Strong Demographics: 682K+ population in 5 miles, $208K+ average income, supporting high-end retail, services, and strong market demand

Property Flyers

Amenities

  • Banking
  • Signage
  • Drive Thru
  • Wheelchair Accessible

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.7 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 5.0 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 23 min - 11.4 mi
Los Angeles International 30 min - 19.9 mi
Bob Hope 35 min - 26.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
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