245 Fair Oaks Ave
South Pasadena, CA 91030
Build: Medical or Office or Luxury Condos · Land For Sale · 0.53 AC

300'+ of Highly Visible Frontage along Fair Oaks Avenue - Fully Permitted and Entitled, 23,049 sf Development Land - Build a 16,000 sf building on two stories. City approved 43 Parking spaces. With zero net energy technologies - Construct for Medical Office or Creative Office uses. City approved 43 Parking Spaces - Residential Condos or Multi-Family Apartments possible Fabulous Purchase Opportunity - Occupy the Entire Building with a business Or - Partial Owner User Occupy. Collect additional income from tenants for the remaining space Medical Office / Dental Uses: - Physician, Doctor Groups - Plastic / Cosmetic Surgeons, Bariatric Weight Loss, Oral and Maxillofacial / Endodontist - Healthcare & Wellness Nutrition Or Creative Office Uses: - Software, Advertising, Science and Engineering - E-Commerce, Technology, Professional Services - Design, Co-Location Co-Work / Executive Office, Biotech Medical Office Rent Comparable within an 8 Block Distance: - Achieving up to +/- $5.38/sf/month, Fsg - Up to an Additional $100/space/month Parking Cost. Charged for most area buildings Medical Office Market in a One-Mile Radius of the Hospital: Currently at only a 5.3% Vacancy Rate. Out of 800,346 sf of total available product