535-611 W Main St | Alhambra, CA 91801
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- LoopNet Team
535-611 W Main St
Alhambra, CA 91801
Main Street Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Newly-Renovated/Built 15,635 SF building (Over $1M invested in renovation and new construction)
- Owner-user opportunity to occupy over 50% of the property and qualify for attractive SBA financing at historically low rates
- Value-add opportunity: Significant upside through leasing vacancies and raising below-market rents
- Covered Land Play: Rare opportunity to acquire 25,700 parcel on Main Street with future redevelopment potential into mixed-use
- Located in the heart of Downtown Alhambra adjacent to restaurants, new mixed-use developments, and planned developments
- Rare opportunity to acquire a property in Downtown Alhambra with on-site customer parking and a curb cut on Main Street
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,635 SF
Building Class
C
Year Built/Renovated
1939/2013
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.59 AC
Zoning
ALCPD* - Commercial Planned Development
Parking
26 Spaces (1.66 Spaces per 1,000 SF Leased)
Frontage
200’ on W Main St
AMENITIES
- Dedicated Turn Lane
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 5338-033-033 | Improvements Assessment | $2,202,006 |
| Land Assessment | $3,183,624 | Total Assessment | $5,385,630 |
PROPERTY TAXES
Parcel Number
5338-033-033
Land Assessment
$3,183,624
Improvements Assessment
$2,202,006
Total Assessment
$5,385,630
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