1642-1644 Potrero Grande Dr - Freestanding FOR SALE


Rosemead, CA 91770- Garvey
$1,050,000 USD
818-963-2118
1642-1644 Potrero Grande Dr, Rosemead, CA for Sale
$1,050,000 USD
Freestanding - FOR SALE
1/22
null | 14% Cap Rate

1642-1644 Potrero Grande Dr
Rosemead, CA 91770
Garvey


HIGHLIGHTS

  • Located at a signalized major intersection, offering exceptional visibility and steady daily traffic—ideal for retail, office, or service-based busine
  • Allows a wide range of commercial uses with potential for redevelopment.
  • Existing tenants generate rental income to offset holding costs, making it a rare opportunity to collect rents while planning a future redevelopment.

OVERVIEW

Prime Commercial Building in the Heart of Rosemead – Endless Business Potential ------- Key Points--------- 1. Prime Corner-Lot Visibility & High Traffic Exposure Located at a signalized major intersection, offering exceptional visibility and steady daily traffic—ideal for retail, office, or service-based businesses. 2. Flexible High-Intensity Commercial Zoning (LCC3*) Allows a wide range of commercial uses with potential for redevelopment. Buyers can explore maximizing the site’s value while retaining flexibility in business operations. 3. Income-Producing Asset with Redevelopment Upside Existing tenants generate rental income to offset holding costs, making it a rare opportunity to collect rents while planning a future redevelopment for even greater long-term value. Welcome to 1642–1644 Potrero Grande Drive, a rare opportunity to own a highly visible commercial building located on one of Rosemead’s most traveled corridors. This versatile property offers exceptional frontage, steady foot and vehicle traffic, and unmatched accessibility—perfect for a wide range of business uses. Current tenant is a marijuana-related business paying $13,000 per month, providing solid, immediate cash flow for investors. 1630 Potrero Grande Drive is also available for sale separately. Together, the two properties offer an excellent redevelopment opportunity. You can continue collecting rent from the current tenants during the planning and permitting phases, helping to offset your holding costs. Conveniently situated near major streets, highways, and dense residential and commercial neighborhoods, this property benefits from excellent accessibility and visibility—key advantages for any successful business. Buyer to perform their own due diligence and verify what types of businesses can be operated at this location. The building features two separate units, ideal for owner-users, investors, or multi-tenant occupancy. Its flexible commercial zoning allows for numerous business types, including: * Professional offices (law, accounting, insurance, consulting) * Medical or dental clinics *Retail stores and specialty shops *Beauty, wellness, or personal care services (salon, spa, acupuncture, therapy) *Light food service (tea shop, dessert shop, take-out concepts—subject to city approval) *Real estate, mortgage, or financial service offices *Educational or training centers With ample parking, strong demographics, and close proximity to major intersections, freeways, and established shopping centers, this location offers everything you need to grow a successful business. Whether you're looking to expand your existing operation or secure a stable income-producing asset, this property delivers outstanding potential in a thriving San Gabriel Valley market. Don’t miss this exceptional investment opportunity in one of Rosemead’s most desirable commercial zones.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$599 USD /SF

CAP RATE

14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LCC3*

APN/PARCEL ID

5279-004-017

ASK ABOUT THIS PROPERTY

Mihwa YiEpique RealtyMore Info
818-963-2118

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Mihwa YiEpique RealtyMore Info
818-963-2118

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