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- LoopNet Team
28 W Main St
Alhambra, CA 91801
Downtown Alhambra Storefront Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High barrier to entry, prime location in Downtown Alhambra on Main Street, immediately adjacent to Regal Theaters Plaza, and Alhambra Place Plaza.
- Surrounded by retailers, restaurants, banks, shopping centers, and residential units.
- Strong Demographic - Population of 731,419 with an Average Household Income of $96,322 in a five-mile radius.
- Strong foot traffic at all times of the day, with a Walk Score of 93 (Walkers Paradise).
- 9,840 SF on ±0.19 Acre.
PROPERTY FACTS
AMENITIES
- Restaurant
ABOUT 28 W MAIN ST , ALHAMBRA, CA 91801
The subject property consists of a two Lounge/Bar storefront building plus a office unit in the upper level, which is currently occupied by the owner. Both tenants have been leasing the units for over 15 years. There are two parking spaces in the rear and plenty of public parking around the site and parking structure. Investors may purchase this asset by occupying the office unit while enjoying the extra cashflow from two stable tenants or lease up the office unit for additional income to increase the return.
PROPERTY TAXES
| Parcel Number | 5344-033-016 | Improvements Assessment | $491,641 |
| Land Assessment | $813,117 | Total Assessment | $1,304,758 |
PROPERTY TAXES
