Property Detail

Description

Seller financing available with lower than market rates and very favorable terms. Introducing an unparalleled commercial real estate opportunity distinctively situated in a highly desirable section of South Pasadena's Mission St. Downtown Plan. Comprising a large C3 zoned double lot sprawling across approx. 14,789 SF, this remarkable property features a solidly built, concrete construction commercial building spanning approx. 6,687 SF and a highly coveted, large parking lot of 7,384 SF. Currently configured with five versatile suites of various sizes, the commercial building also includes a second-floor 408 SF bonus space with a bathroom. Notably, this strategically placed property boasts an impressive 116 SF of frontage along prime Mission St with zoning and approved uses that offer a buyer many uses and development options.This exceptional property stands as a beacon of local accessibility and regional convenience. With easy, seamless access to the 110 & 210 Freeways, and strategically positioned within a 1/2-mile radius of the Metro Gold Line station, getting to and from this prime location to anywhere in Greater LA, and Southern California generally, is a relative breeze. Its adjacency to an array of local dining and retail establishments elevates its appeal as an investment opportunity.Offering a blend of stability and exceptional value, this acquisition beckons the astute investor seeking prime real estate in an irreplaceable Southern California suburban infill location within a dense, thriving, and affluent community. South Pasadena's esteemed quality of life, renowned schools, and abundant amenities underscore its commercial vibrancy, rendering this property an unparalleled asset in a desirable locale.- Unparalleled potential for repositioning with high barriers to entry.- Ideal for Owner-User, Prime Investment, or Development Opportunities.- Boasting pride of ownership- Immediate value-add potential in a highly sought-after locale.- Exceptional demographics and proximity to renowned schools.- Prominent exposure with over 116 SF of frontage along prime Mission St.- First time offered on the market in over 46 years!- Enormous upside potential with aggressive value-add.- Proximity to desirable amenities and services.- Includes two lots with parcel #5313-006-038 & #5313-006-039.** Kindly Refrain from Disturbing Tenants. ***AGENT IS RELATED TO ONE OF THE SELLERS