42 K VPD Owner User C Store | 0.47 AC Development Opportunity

Highlights:

• Prime Location with High Visibility: ±20,687 SF signalized corner lot with 117' of frontage along Downey Avenue, offering excellent exposure to over 42,000 vehicles per day (VPD) at the intersection of Downey and Rosecrans Avenues.
• Fully Entitled Redevelopment Opportunity: The site is fully entitled with approved plans for a ±5,874 SF multi-tenant retail building, offering immediate potential for redevelopment and value creation.
• Strong Local Demographics: Situated within a densely populated area with 291,000+ residents and 81,000+ households within a 3-mile radius, providing a substantial consumer base for retail and service-based tenants.
• Highly Accessible & Walkable Location: Within walking distance (0.2 miles) of Paramount High School, a campus with over 4,700 students, enhancing foot traffic and demand for convenience-driven retail services.
• Zoned for a Variety of Uses: Zoned PD-PS, offering flexibility for a wide range of uses, including commercial, residential, and mixed-use development, allowing for diverse investment strategies.
• Strong Consumer Spending & Retail Demand: Annual consumer spending within a 3-mile radius exceeds $2.8 billion, driven by consistent demand for food, fuel, healthcare, and essential services, positioning the property for sustained demand.

Description:

Graystone Capital Advisors is pleased to present an opportunity for an Owner-User C-Store/Redevelopment Site located at 14113 Downey Avenue,
Paramount, CA. The existing building, built in 1949, is +1,968 square feet, sitting on 0.48 acres of land with frontage along Downey Avenue. The site is fully entitled and RTI with approved plans for a ±5,874 SF multitenant retail building.

With strong street frontage, flexible layouts, and exposure to over 42,000 vehicles per day (26,550 VPD on Rosecrans and 16,075 VPD on Downey), the property is ideally positioned for QSR, gas station, medical office, or convenience-based retail development. Located just south of Rosecrans Avenue and walking distance to Paramount High School (0.2 miles), the site benefits from a high volume of both vehicular and foot traffic. Zoned as PD-PS PAR1YY, this property offers a wide range of possible uses, from commercial, to residential & mixed use

Consumer spending within three miles exceeds $2.8 billion annually, driven by consistent demand for food, fuel, healthcare, and essential services. This high-visibility corner presents a rare opportunity for developers, investors, or owner-users to establish a new retail concept in a supply-constrained, infill market with strong underlying demand.

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