46 N Lake Ave | Pasadena, CA 91101
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- LoopNet Team
46 N Lake Ave
Pasadena, CA 91101
Original Location of Iconic Wolfe Burgers · Retail Property For Sale
Investment Highlights
- Located in the heart of the bustling Downtown Pasadena
- Poised for a rezone that would allow for high-density residential development
- Tenant states they are willing to negotiate to leave the space if needed
- Heavy foot traffic along
- Stable income from a long standing restaurant on a NNN Lease for investment Newly renovated building
- APN 5738-008-048 – 4054 sf ….sold separately and can be purchased for an additional price
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,691 SF
Building Class
C
Year Built
1930
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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