NAI Capital is pleased to present 118-128 N. Fair Oaks Ave., AKA The Marine Building, Pasadena, CA – an opportunity to purchase a ±10,500 square foot professional office building situated in the Old Pasadena District. The Property is to be delivered vacant at COE, offering an exceptional opportunity in a market with high barriers to entry. The interior improvements are inspired early California Craftsman with high ceilings and exposed ductwork. The building has been rehabilitated at various points throughout the ownership of the current owner-user Law Firm. The space can meet a variety of uses including law firm, corporate owner-user, creative office space, retail sales, banks, restaurants, health/physical fitness clubs, health spa, charitable institutions, religious facilities, religious facilities with affordable housing, cultural institutions, multi-family housing, live/work units and various residential housing. The Property is situated at the gateway to Old Pasadena, one of the most affluent areas in the region with Average Household Incomes topping $158,000 within a three-mile radius of the Property. Buyer should confirm the building eligibility for the City of Pasadena’s historic Contract Program established Under the authority of the State enabled program known as the Mills Act.