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121-129 W Main St
Alhambra, CA 91801
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,800 SF
Building Class
C
Year Built
1923
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.24 AC
Zoning
CBD/DRD
Parking
20 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
75’ on Main St

ABOUT 121-129 W MAIN ST , ALHAMBRA, CA 91801

This property is located on West Main Street in between North 1st Street and 2nd Street. The subject center is two stories and comprises of 5 units (2 ground floor retail/3 second story office units). Units range in size from 750-4,500 square feet. The largest unit is Azul Ultra Lounge, a 4,500 square foot bar with an additional 500 square foot patio. The lounge will be unoccupied following the sale of the property and can be divided into two separate well-sized units allowing for a greater repositioning opportunity. All units have HVAC and separately metered utilities. Additionally, the building is well maintained with recent roof coating improvements. All tenants are on gross leases with all the lease rates currently below fair market value. This center also offers 20 surface parking spaces. With high-population density and prime location, this well-maintained mixed-use property offers buyers an excellent value-add opportunity in a premier Alhambra destination area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5337-017-004
Land Assessment
$2,476,450
Improvements Assessment
$1,896,677
Total Assessment
$4,373,127
  • Listing ID: 13902168

  • Date on Market: 9/28/2018

  • Last Updated:

  • Address: 121-129 W Main St, Alhambra, CA 91801

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