$8,500,000 SALE
Commercial-Other
80-100 N. Lake Ave.
Pasadena, CA 91107


Prime, dynamitic location in one of the best location in Pasadena


Gateway Prime location in Financial District on Lake Ave., Pasadena. A Dynamitic Location, Three way street between Union and Boston facing Lake Ave., a rare opportunity on one of the best location in Pasadena. CAR is 3:1, one of the higestest density allowed in the City. Excellent development opportunity, great walking score, close proximity to Old Town Pasadena, Paseo Colorado. Subject is within walking distance to Goldline Railway Lake Station. Great traffic count. Will be great owner user development of mix retails down and offices upstairs (Partially owner use). Co-listing with Ed Matesovian, CBRE This is a rare golden opportunity to own a best part of Pasadena Gateway.


Property Type Commercial-Other
Property Use Other Commercial
Year Built 1949
Max Continuous Area 1,300
Min Divisible Area 130
Zoning CD-5
Listing ID WDDCXP
MLS ID A21032009
Style Other Style
Available Date Feb 17th, 2021

Property Highlights

1. Prime Gateway Location in Pasadena 2. CAR is 3:1, one of the highest density allowed in the City 3. Excellent Walk score, close proxmity to Old Town Pasadena, Art district, Colorado Paseo and 4. Home of the Rose Parade and Rose Bowl 5. Excellent Development opportunity. Lots of High Rise development on the same street. 6. Walking distance to Goldline Railway station. 7. Excellent Schools in the City; Cal. Tech; Pasadena Art Center College of Design, PCC...etc.

Area Description

Area Description: Gateway Location in prime financial district on Lake Ave., Pasadena. Please see OM.

Directions: From I-210 take Lake Ave., off ramp, go south to the subject.

Region: CA

Region: Pasadena

Region: USA

Property Features
Parking Places: 23
Location Name: 80-100 N. Lake Ave.,
Development ID: Retail/MOB and Offices
Special Program: Coldwell Banker Mortgage, Coldwell Banker Home Protection Plan
Age: Over 50 Years Old
Financials
Gross Income: $255,600
Additional Media Area Demographics

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