43 E Colorado Blvd | Pasadena, CA 91105
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- LoopNet Team
43 E Colorado Blvd
Pasadena, CA 91105
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High current cap rate 4.0 % in Pasadena
- Restaurant at first floor has a lease that is expiring in end of September 2027
- Our retail neighbors such as Apple Store, Tiffany’s, Lululemon, Tesla, and The Cheesecake Factory speak for the strength of the area.
- The building is well maintained with an open floor plan! It has a big basement space!
- Excellent location within proximity, Rose Bowl, Pasadena City College
- 2 ND floor office addition 826 S.F(already Approved by city)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Building Class
C
Year Built
1890
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.72
Lot Size
0.06 AC
Zoning
CD-1 - Commercial
Frontage
23’ on Colorado Blvd
AMENITIES
- 24 Hour Access
- Bus Line
- Commuter Rail
- Metro/Subway
- Restaurant
- Skylights
- Storage Space
PROPERTY TAXES
| Parcel Number | 5723-023-010 | Improvements Assessment | $6,354,080 |
| Land Assessment | $382,774 | Total Assessment | $6,736,854 |
PROPERTY TAXES
Parcel Number
5723-023-010
Land Assessment
$382,774
Improvements Assessment
$6,354,080
Total Assessment
$6,736,854
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