19 S Garfield Ave - Storefront Retail/Office FOR SALE


Alhambra, CA 91801
$3,600,000 USD
626-660-5838
19 S Garfield Ave, Alhambra, CA for Sale
$3,600,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 6.73% Cap Rate

19 S Garfield Ave
Alhambra, CA 91801


HIGHLIGHTS

  • Rare owner-user restaurant opportunity: seller delivers the ±2,300 SF ground-floor space vacant at close with a full commercial kitchen.
  • Below-market rents and near-term lease rollovers provide immediate upside and the ability to reposition income to market.
  • Limited deferred maintenance with a new roof completed in 2025 (20-year warranty) and most HVAC units recently replaced.
  • Prime Downtown Alhambra location near Main St. & Garfield Ave., across from Alhambra Place Mall with a Walk Score® of 97.

OVERVIEW

19 S. Garfield Avenue is a 7,000 SF, two-story mixed-use asset located in the heart of Downtown Alhambra, directly across from Alhambra Place Mall and steps from the signalized intersection of Main Street and South Garfield Avenue. THE SELLER WILL DELIVER THE +-2,300 SF GROUND-FLOOR ANCHOR RESTAURANT SPACE VACANT AT CLOSE, GIVING A RESTAURANT OPERATOR A TURN-KEY, FULL BUILT-OUT COMMERCIAL KITCHEN IN ONE OF THE SAN GABRIEL VALLEY'S HIGHEST-TRAFFIC CORRIDORS, with income from the remaining tenants helping offset occupancy costs. For investors, the 7,000 SF two-story building is 100% leased and offered at $3,600,000, with below-market rents, short-term and month-to-month leases, and near-term rollovers that provide a clear path to pro forma NOI growth. Major capital improvements are complete, including a new roof (January 2025) with a 20-year warranty and four of six HVAC units replaced in the past five years. With strong visibility, individual utility metering, elevator access, and a Walk Score of 97, the property works equally well for an owner-user restaurant operator or an investor seeking durable income and long-term appreciation.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$514 USD /SF

CAP RATE

6.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

ALCBD/DRD*

APN/PARCEL ID

5344-033-005

ASK ABOUT THIS PROPERTY

Seve WoodsCamacho CommercialMore Info
626-660-5838

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Seve WoodsCamacho CommercialMore Info
626-660-5838

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