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39 E Colorado Blvd 3,425 SF 18% Leased Retail Building Pasadena, CA 91105 $4,690,000 ($1,369.34/SF)
Investment Highlights
- Old Town Pasadena is one of the Southern California's most popular outdoor shopping destinations!
- Excellent Freeway Access!
- Building is well maintain with open floor plan! It has big basement space!
- Colorado Boulevard is Pasadena's historic Rose Parade route, strongest retail street in Pasadena
- It's a "Walker's Paradise", with a walk score of 97!
Executive Summary
Also available for lease at 7.50/sf triple net
Great storefront retail property located in the heart of Old Town Pasadena District, on Colorado Blvd, between Fair Oak Avenue and S. Raymond Avenue. Abundant surrounding public parking and access to a myriad of retail amenities and restaurants, the property benefits from excellent walkability in a truly one of a kind location. It is close to major freeways, great business environment and upscale residential support. It’s Walker’s Paradise (Walk Score 97). Old Town Pasadena is one of the Southern California's most popular outdoor shopping destinations, attracting on an average of approx. 20,000 visitors every weekend. Colorado Boulevard is Pasadena's historic Rose Parade route. It is arguable the strongest retail street in Pasadena.
Great storefront retail property located in the heart of Old Town Pasadena District, on Colorado Blvd, between Fair Oak Avenue and S. Raymond Avenue. Abundant surrounding public parking and access to a myriad of retail amenities and restaurants, the property benefits from excellent walkability in a truly one of a kind location. It is close to major freeways, great business environment and upscale residential support. It’s Walker’s Paradise (Walk Score 97). Old Town Pasadena is one of the Southern California's most popular outdoor shopping destinations, attracting on an average of approx. 20,000 visitors every weekend. Colorado Boulevard is Pasadena's historic Rose Parade route. It is arguable the strongest retail street in Pasadena.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,425 SF
Building Class
C
Year Built
1925
Price
$4,690,000
Price Per SF
$1,369.34
Percent Leased
18%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.12
Lot Size
0.07 AC
Zoning
CD-1 - Commercial
Frontage
24’ on E Colorado Blvd
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 5723-023-009 | Improvements Assessment | $3,578,472 |
| Land Assessment | $1,615,715 | Total Assessment | $5,194,187 |
Property Taxes
Parcel Number
5723-023-009
Land Assessment
$1,615,715
Improvements Assessment
$3,578,472
Total Assessment
$5,194,187
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39 E Colorado Blvd
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