Marketing Description
Property Highlights
Freestanding 1,800?SF building on approx. 0.23-0.25?acre lot, originally built in 1963
Zoned for retail or office use, offering exceptional flexibility for medical, professional, restaurant, or retail leasing
Includes 10 existing parking spaces, with room to configure 10 additional spots, maximizing tenant convenience and income potential
Strategic Location & Demographics
Situated in downtown Pasadena, facing Pasadena Blvd, directly across from Pasadena Post Office and City Hall - high visibility, daily traffic, and civic hub relevance
Robust local population of approx. 122,700 within 3 miles, with average household income of $64,189 and projected population growth of 2.07% from 2024-2029, offering a growing customer base
Located within a designated Opportunity Zone, potentially unlocking federal tax incentives for qualified investors
Ideal Use Cases
Professional or office services, medical clinics, retail storefronts, or a café/restaurant concept
Perfect for owner-user seeking a central location or investors looking to lease to a credit tenant
Why This Property Stands Out
This listing presents a rare combination of strategic downtown location, flexible usage, existing parking capacity, and investment upside - especially appealing for those looking to hold or reposition with minimal repositioning required.
Interested in arranging a site visit? Let me know - I’d be happy to assist further.