• Units
• Unknown Sq Ft
• 14,789 Sq Ft
• Unknown Cap Rate

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