809 S Atlantic Blvd - Office FOR SALE


Monterey Park, CA 91754
$3,975,000 USD
626-757-2684
809 S Atlantic Blvd, Monterey Park, CA for Sale
$3,975,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

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809 S Atlantic Blvd
Monterey Park, CA 91754


HIGHLIGHTS

  • Owner-User Opportunity with Flexible, Near-Term Occupancy
  • Excellent Parking Ratio of 3.65:1 with Dedicated Spaces for Each Floor
  • Highly Visible, Prime Location on Atlantic Boulevard

OVERVIEW

809 S. Atlantic Blvd presents an owner-user commercial opportunity in Monterey Park consisting of a ±11,766 square foot, three-story building situated on a ±15,000 square foot lot. The property includes nine units and is improved with elevator service, fire sprinklers, and individual electrical meters. Parking is well in excess of typical requirements, featuring 43 on-site spaces with an approximately 3.65:1 parking ratio, with each floor having its own dedicated parking level. Zoned Commercial/Professional (C-P) and constructed in 1999, the property is currently 100% leased with short-term lease agreements, providing near-term flexibility for an owner-user while benefiting from stable medical and professional tenancy. The asset is well suited for a medical, professional office, or service-oriented owner-user seeking a long-term operating location in a dense, supply-constrained San Gabriel Valley market.

FOR SALE DETAILS

PRICE

$3,975,000 USD

PRICE/SF

$338 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Atlantic Professional Bldg

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

(C-P)

APN/PARCEL ID

5253-002-035

ASK ABOUT THIS PROPERTY

Alex LiuSPERRY - Commercial Gateway GroupMore Info
626-757-2684

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Alex LiuSPERRY - Commercial Gateway GroupMore Info
626-757-2684

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