1975 Lincoln Ave - Freestanding FOR SALE


Pasadena, CA 91103- Northwest Pasadena
$3,500,000 USD
844-585-7657
1975 Lincoln Ave, Pasadena, CA for Sale
$3,500,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

NEW


1975 Lincoln Ave
Pasadena, CA 91103
Northwest Pasadena


HIGHLIGHTS

  • Owner-User Opportunity | Emerging Lincoln Ave Corridor
  • Flexible Commercial Zoning | Pedestrian-Oriented
  • High-Density Trade Area | Affluent Consumer Base

OVERVIEW

SRS Capital Markets is pleased to offer the opportunity to acquire the fee simple interest in 1975 Lincoln Avenue. The offering presents a rare owner-user opportunity along one of Pasadena’s emerging commercial corridors, featuring a freestanding building on a prominent corner lot with approximately 126 feet of frontage along Lincoln Avenue. The property is located at the heart of the City of Pasadena’s Lincoln Avenue Specific Plan (LASP) and designated LA-CG (Lincoln Avenue – Commercial General) zoning. The LASP was adopted to intentionally repurpose the Lincoln Avenue corridor from legacy industrial and limited commercial uses into a vibrant, walkable, neighborhood-serving commercial district, encouraging retail, service, office, and community-oriented uses. The zoning framework is designed for owner-users, allowing customer-facing businesses to capitalize on a growing, affluent Pasadena trade area with strong local demand for neighborhood-serving commercial.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

LASP

APN/PARCEL ID

5825-009-052

ASK ABOUT THIS PROPERTY

Carlos LopezSRS Real Estate PartnersMore Info
844-585-7657

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Carlos LopezSRS Real Estate PartnersMore Info
844-585-7657

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