106 Palmetto Dr - Office FOR SALE


Pasadena, CA 91105- Bellefontaine
$1,800,000 USD
626-841-1864
106 Palmetto Dr, Pasadena, CA for Sale
$1,800,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

NEW


106 Palmetto Dr
Pasadena, CA 91105
Bellefontaine


HIGHLIGHTS

  • 2,286 SF Single-Story Masonry Office Building – Beautiful office building ideal for a professional owner-user.
  • 6 Dedicated On-Site Parking Spaces
  • Rectangular 5,610 SF Lot – Flexible layout with room for potential enhancements or future value-add.
  • Built 1970 – Solid bones; opportunity for cosmetic updates to modernize and personalize to meet a users unique taste and layout.
  • Prime 91105 Location – Close to amenities, transit, and vibrant neighborhoods.

OVERVIEW

Discover a rare owner-user or investment opportunity at 106 Palmetto Drive, a 2,286 SF single-story masonry office building in Pasadena’s highly desirable 91105 corridor. Situated on a functional 5,610 SF rectangular lot with six on-site parking spaces (2.62/1,000 SF), the property offers immediate usability with meaningful upside through modernization or repositioning. Zoned SFO-CF (South Fair Oaks Commercial Flex), the site supports a broad mix of uses including office, medical, retail, service-oriented businesses, and residential or mixed-use redevelopment (subject to conditions), providing both operational flexibility and long-term optionality. The zoning’s allowance for higher-density residential and a 45-foot height limit further enhances its future redevelopment potential. Ideal for owner-users seeking control of their space or investors targeting a versatile infill asset, the property benefits from close proximity to Old Town Pasadena, major medical institutions, and key transit corridors. Small, well-located buildings with parking and flexible zoning remain in short supply—positioning this asset as a compelling acquisition in a tightening Pasadena market.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$787 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,619 SF

ZONING

CM, Pasadena

APN/PARCEL ID

5713-040-033

ASK ABOUT THIS PROPERTY

Mauricio OlaizLee & AssociatesMore Info
626-841-1864

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Mauricio OlaizLee & AssociatesMore Info
626-841-1864

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.