This retail building is located in Pasadena's vibrant South Lake District, an area teeming with restaurants and a diverse mix of retailers. The property enjoys proximity to Caltech and is surrounded by densely populated residential neighborhoods, making it an ideal location for businesses seeking a dynamic and accessible setting. Prime restaurant/retail opportunity on South Lake Avenue! 498 S. Lake Ave. is a 3rd-generation food-use space is ideally suited for a restaurant or café concept. The previous tenant operated a boba tea shop, and prior to that the space was home to a franchised sandwich store. The premises include a walk-in freezer, small Type II hood, prep and service counter, required kitchen sinks, and storage areas. An additional office space is located on the second floor. $25,000 key money is required for existing improvements and FF&E. Excellent opportunity for a restaurant operator looking to establish a presence in a high-demand location. Please contact the broker for additional details and to schedule a showing.