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119 E Colorado Blvd 7,000 SF of 4-Star Retail Space Available in Pasadena, CA 91105
Sublease Highlights
- Prime corner location at the entrance to Old Town Pasadena with direct freeway access.
- City-approved outdoor seating for up to 80 guests across two blocks.
- Fully equipped commercial kitchen with 20-foot hood, three walk-in coolers, and chef’s office.
- Two fully built-out bars, including a large U-shaped bar and an upper bar for private events.
- Entertainment license permitting live music and dancing, no longer obtainable in this area.
- Liquor license with service until 1:30 AM and strong event-driven revenue potential.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
This is a rare opportunity to acquire a fully operational, high-capacity restaurant and bar in the heart of Old Town Pasadena. Located at the prominent corner of Colorado Boulevard and Arroyo Parkway, the property offers exceptional visibility and direct access from the 110 Freeway. The business includes a city-approved outdoor seating area for up to 80 guests, complementing the maximum indoor occupancy of 367. The venue is equipped with two bars, a large U-shaped bar on the main level and an additional bar upstairs for private events. The interior features a commercial-grade kitchen with a 20-foot hood, three walk-in coolers, a chef’s office, and multiple storage rooms. A VIP or band area, stage, and DJ setup enhance the entertainment experience. The property holds an explicit entertainment license allowing live music and dancing—an asset no longer obtainable in Old Town Pasadena—and a liquor license serving until 1:30 AM. With a proven track record of hosting corporate events, holiday parties, and major sports gatherings, the business has significant revenue potential. Current operations generate approximately half of the $4–5 million annual gross achievable under full capacity. All furniture, fixtures, and equipment (FF&E) are included, making this a turnkey acquisition for an experienced operator or investor seeking a high-profile hospitality asset in a thriving market.
- Sublease space available from current tenant
- Space is in Excellent Condition
- Private Restrooms
- Furniture, fixtures, and equipment (FF&E) included
- Fully Built-Out as a Drinking Establishment
- Central Air Conditioning
- Corner Space
- City-approved outdoor seating on both blocks
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor, Ste 119 | 7,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Retail | Full Build-Out | 60 Days |
1st Floor, Ste 119
| Size |
| 7,000 SF |
| Term |
| Negotiable |
| Rental Rate |
| Upon Request Upon Request Upon Request Upon Request |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| 60 Days |
1st Floor, Ste 119
| Size | 7,000 SF |
| Term | Negotiable |
| Rental Rate | Upon Request |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | 60 Days |
This is a rare opportunity to acquire a fully operational, high-capacity restaurant and bar in the heart of Old Town Pasadena. Located at the prominent corner of Colorado Boulevard and Arroyo Parkway, the property offers exceptional visibility and direct access from the 110 Freeway. The business includes a city-approved outdoor seating area for up to 80 guests, complementing the maximum indoor occupancy of 367. The venue is equipped with two bars, a large U-shaped bar on the main level and an additional bar upstairs for private events. The interior features a commercial-grade kitchen with a 20-foot hood, three walk-in coolers, a chef’s office, and multiple storage rooms. A VIP or band area, stage, and DJ setup enhance the entertainment experience. The property holds an explicit entertainment license allowing live music and dancing—an asset no longer obtainable in Old Town Pasadena—and a liquor license serving until 1:30 AM. With a proven track record of hosting corporate events, holiday parties, and major sports gatherings, the business has significant revenue potential. Current operations generate approximately half of the $4–5 million annual gross achievable under full capacity. All furniture, fixtures, and equipment (FF&E) are included, making this a turnkey acquisition for an experienced operator or investor seeking a high-profile hospitality asset in a thriving market.
- Sublease space available from current tenant
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Corner Space
- Furniture, fixtures, and equipment (FF&E) included
- City-approved outdoor seating on both blocks
Select Tenants
- Floor
- Tenant Name
- Industry
- 4th
- Brent and Fiol, LLP
- Professional, Scientific, and Technical Services
- 2nd
- Chartwell Escrow
- Real Estate
- 4th
- Dr. Alan Karbelnig
- Health Care and Social Assistance
- BSMT
- Evanthe Hair Salon
- Services
- 4th
- KCB Real Estate Management LLC
- Finance and Insurance
- 2nd
- Newmark
- Real Estate
- 6th
- Regus
- Administrative and Support Services
- 1st
- Reyn Spooner
- Retailer
- 4th
- Toxicolawgy
- Professional, Scientific, and Technical Services
- 5th
- Ventric Health
- Wholesaler
Property Facts
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
Property Overview
The property is located at 119 E Colorado Boulevard in Pasadena, California, at the intersection of Colorado Boulevard and Arroyo Parkway. It is positioned at the entrance to Old Town Pasadena and is accessible from the 110 Freeway. The site includes a restaurant and bar operation with city-approved outdoor seating and an entertainment license. The building contains a commercial kitchen, multiple bars, and storage areas. Delivery access is available at the rear of the property, and nearby parking is provided through a paid lot.
- Bus Line
- Controlled Access
- Commuter Rail
- Fitness Center
- Food Service
- Restaurant
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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119 E Colorado Blvd
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