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Lake Auto Center 590 N Lake Ave 1,750 SF Retail Building Pasadena, CA 91101 $1,400,000 ($800/SF)
Investment Highlights
- Thriving prior auto-shop business
- Property delivered free & clear
- Prime Lake Ave. corridor
- 4 above ground 2-post lifts
- Vacant and ready for immediate use
Executive Summary
This 1,750 SF single-tenant retail building sits on a 7,024 SF lot with seven surface parking spaces. Formerly a thriving auto-shop, it’s equipped with 4 above-ground 2-post lifts and delivered free & clear—vacant and ready for immediate use.
Located on the prime North Lake Ave corridor, the property offers strong street presence, excellent visibility, and easy access to Pasadena’s residential neighborhoods, Old Town, Caltech, and major employment hubs.
With C2 zoning and a flexible, one-story layout, this is a low-friction ownership play for retail or service-oriented users.
Located on the prime North Lake Ave corridor, the property offers strong street presence, excellent visibility, and easy access to Pasadena’s residential neighborhoods, Old Town, Caltech, and major employment hubs.
With C2 zoning and a flexible, one-story layout, this is a low-friction ownership play for retail or service-oriented users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,750 SF
Building Class
C
Year Built
1967
Price
$1,400,000
Price Per SF
$800
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.16 AC
Zoning
C2 - Commercial C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Use
Parking
7 Spaces
Frontage
50’ on Lake Ave
Amenities
- Bus Line
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (85)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5732-015-024 | Improvements Assessment | $223,101 |
| Land Assessment | $1,003,965 | Total Assessment | $1,227,066 |
Property Taxes
Parcel Number
5732-015-024
Land Assessment
$1,003,965
Improvements Assessment
$223,101
Total Assessment
$1,227,066
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Lake Auto Center | 590 N Lake Ave
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