2450 East Foothill Boulevard Pasadena, CA 91107

$2,299,000 5,463 sq. ft.

2450 East Foothill Boulevard Pasadena, CA 91107

 
Multi-Tenant Retail Center in Pasadena
Year Built: 1959
Interior: 5,463 sq. ft. (approx.)
Lot Size: 15,054 sq. ft. (approx.)
Web #: 0028914
Ideally situated on a major signalized intersection, this multi-tenant boutique retail center represents a rare opportunity in Pasadena; a marketplace with exceptionally high barriers of entry. Perfect for an owner-user or value-add investor, the four retail suites, plus second floor office space are all efficiently sized and separately metered for utilities. Abundant on-site customer parking and generous ingress / egress enhances the desirability for prospective tenants and customers alike. The property features an impressive 162 feet of retail frontage along Sierra Madre Blvd, a major thoroughfare through Pasadena. Additional income is generated from the full-scale billboard on the property. First time on the market in 30 years, this bread & butter retail center is priced to sell and would be a great 1031 exchange property for those seeking an easy to manage, perfectly sized retail property in a marketplace with strong demographics, population density and median income levels. Immense upside due to vacancies and month-to-month leases allow for an immediate boost in cash flow.


 
Allen Roth

m: (310) 387-7087
o: (310) 724-7000

agent-pic

DRE#:
1272304

 
mes1448236800

Exterior Features

Type of Property
Commercial
Garage/Parking
On-Site
This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY