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46 N Lake Ave
Pasadena, CA 91101
Retail Property For Sale
Investment Highlights
- Located in the heart of the bustling Downtown Pasadena with heavy foot traffic and significant on site parking
- The current restaurant is on a NNN lease in which the tenant pays taxes, insurance, and maintenance
- Large patio space in the rear of the property
- This can be delivered to an owner user, or to an investor who will renew the lease or re-tenant the building
- Built out restaurant and kitchen
- Numerous assigned parking spaces as well as a parking deck in the rear
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,691 SF
Building Class
C
Year Built/Renovated
1930/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.15 AC
Zoning
PSC - Rezoned that will allow for high-density residential development
Parking
12 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
44’ on South Lake Avenue
Amenities
- Bus Line
- Restaurant
Property Taxes
| Parcel Number | 5738-008-047 | Improvements Assessment | $45,938 |
| Land Assessment | $422,615 | Total Assessment | $468,553 |
Property Taxes
Parcel Number
5738-008-047
Land Assessment
$422,615
Improvements Assessment
$45,938
Total Assessment
$468,553
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