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 an average household income of $64,189 and projected population growth of 2.07% from 2024 to 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-users 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.