250 N Madison Ave
Pasadena, CA 91101
Office Property For Sale

250 N Madison Ave is a premier office asset within the Fuller portfolio. With approximately 38,000 SF, this 3-story office building gives any investor or owner/use the ability to modify the building to allow for multiple tenants or create the ideal environment for a corporate headquarters or high identity user. The property is extremely well located in Central Pasadena with direct access to the numerous amenities that Pasadena has to offer. The property was completely renovated in 2005. 250 N. Madison also offers the potential to develop a total of up 55 multifamily residential units on the surface parking lots located to the north and to the east of the existing student services building. The north parking lot can potentially accommodate up to 27 units and the east parking lot up to 28 units. New development on the east parking lot will need to include 95 excess parking stalls to compensate for a portion of the student services building’s total parking requirement of 103 stalls. New development on the north parking lot will need to include the 8 remaining excess parking spaces for the student services building plus 39 excess stalls required per a DWP parking agreement tied to DWP’s occupancy of a building adjacent to the Fuller Portfolio.