2619 E Colorado Blvd 10,914 SF 50% Leased Office Building Pasadena, CA 91107 $6,750,000 ($618.47/SF)
INVESTMENT HIGHLIGHTS
- Freestanding Single-Story Medical / Office / Retail Owner-User Opportunity on Historic Rt. 66
- Complete Exterior and Interior Renovation in 2012. New HVAC, Plumbing, Electrical etc.
- Privacy Focused Medical / Office Layout
- High Visibility Corner Location
- High Quality Finishes / Modern Interior
- 44 Gated Surface Parking (4/1,000)
EXECUTIVE SUMMARY
The Property is a 10,914 SF single-story medical office building situated on a 28,172 SF (0.65 Acre) corner lot on historic Route. 66. The building is close to the 210 Freeway and has an average traffic of about 36,000 cars per day. The building undergone a full structural and interior renovation in 2012, including new HVAC, plumbing, electric, medical office design with new interior and exterior doors, paint, flooring etc. The building has 44 gated surface parking spaces.
Prime single-story medical office building ideal for Medical use or for Professional / Creative Office and Retail conversion. Highly functional privacy centered layout with 9 Exam Rooms / Operating Theater / Optometrist Shop / Nurses Station / Lab, Lunch, Admin and Reception Areas.450,000 residents within a 5-mile radius serve as potential patient / client base. Easy access from Arcadia, Monrovia, Sierra Madre, San Marino, South Pasadena, Temple City, Rosemead and Old Town Pasadena.
Prime single-story medical office building ideal for Medical use or for Professional / Creative Office and Retail conversion. Highly functional privacy centered layout with 9 Exam Rooms / Operating Theater / Optometrist Shop / Nurses Station / Lab, Lunch, Admin and Reception Areas.450,000 residents within a 5-mile radius serve as potential patient / client base. Easy access from Arcadia, Monrovia, Sierra Madre, San Marino, South Pasadena, Temple City, Rosemead and Old Town Pasadena.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
10,914 SF
Building Class
B
Year Built/Renovated
1956/2012
Price
$6,750,000
Price Per SF
$618.47
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,914 SF
Building FAR
0.39
Lot Size
0.65 AC
Zoning
SG1 - PSC G1 - Medical, Professional Office or Retail allowed.
Parking
44 Spaces (4.03 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Fenced Lot
- Security System
- Signage
- Kitchen
- Reception
- Central Heating
- Wi-Fi
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
5,457 SF medical, retail or general office space available for lease. Highly functional privacy centered layout. Complete exterior and interior renovation in 2012. New HVAC, Plumbing, Electrical etc. High Quality Finishes / Modern Interior. Ideal opportunity for medica / dental / orthodontic or surgical groups to occupy a well-designed medical space with 9 exam rooms. High visibility corner location with ample parking may be well suited for retail conversion. Alternative uses include traditional legal, accounting, engineering offices or creative office space etc.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,457 SF | Office/Medical | Full Build-Out | 30 Days |
1st Floor
| Size |
| 5,457 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1 of 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $722,217 | |
| Land Assessment | $2,637,704 | Total Assessment | $3,359,921 |
