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605 Azusa 1,800 SF Retail Building Azusa, CA 91702 $810,000 ($450/SF)
Investment Highlights
- Great Opportunity to Purchase an investment property or owner user facility
- 2 blocks of the Metro Gold Line Azusa Station and Downtown Azusa’s newest mixed-use developments
- Nearby demand drivers include Azusa Pacific University and Citrus College
Executive Summary
Great Opportunity to Purchase an investment property or owner user facility. Two units- Rear tenant is a coffee business on a month to month lease with the front unit being a church. Rear parking is a city public lot and allows easy access for a potential tenant or owner user. Prime location with high visibiity and good vehicle and pedestrian traffic.
Great Price point for an owner user.
Nearby demand drivers include Azusa Pacific University (+/- 6,200 students) and Citrus College (14,500-16,000). These colleges are just to the East of the subject property.
The property is 2 blocks (within walking distance just north) of the Metro Gold Line Azusa Station and Downtown Azusa’s newest mixed-use developments.
Great Price point for an owner user.
Nearby demand drivers include Azusa Pacific University (+/- 6,200 students) and Citrus College (14,500-16,000). These colleges are just to the East of the subject property.
The property is 2 blocks (within walking distance just north) of the Metro Gold Line Azusa Station and Downtown Azusa’s newest mixed-use developments.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,800 SF
Building Class
C
Year Built/Renovated
1950/2017
Price
$810,000
Price Per SF
$450
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.64
Lot Size
0.06 AC
Zoning
AZCBD* - Retail/Office
Frontage
20’ on Azusa Ave
Amenities
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8611-004-021 | Improvements Assessment | $164,764 |
| Land Assessment | $294,414 | Total Assessment | $459,178 |
Property Taxes
Parcel Number
8611-004-021
Land Assessment
$294,414
Improvements Assessment
$164,764
Total Assessment
$459,178
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605 Azusa
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