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27 W Main St
Alhambra, CA 91801
27 West · Retail Property For Sale
Investment Highlights
- RE-DEVELOPMENT & POTENTIAL UPSIDE - Reposition this property into a single tenant restaurant or retail space to achieve pro-forma rents.
- PARKING - Free public parking structure directly behind subject property with direct shortcut from the parking structure through a walkway
- EXCELLENT LOCATION - Prime area of Downtown Alhambra giving you 50 ft of frontage where most of the activity is concentrated
- SURROUNDINGS - Close proximity to Regal Edwards cinema complex and the newly built Alhambra Place Neighborhood Center
PROPERTY FACTS
Amenities
- Bus Line
- Food Court
- Signalized Intersection
About 27 W Main St , Alhambra, CA 91801
$233,280 pro-forma NOI offering you 7.7% pro-forma Cap Rate. Standard Prosperity is proud to offer you 27 W. Main St in the thriving city of Alhambra as its exclusive broker. This property is located in the prime area of Downtown Alhambra giving you 50 ft of frontage where most of the activity is concentrated. You have the one movie theater in Alhambra and the newly developed Alhambra Place Neighborhood Center that features a Sprouts market along with new apartment buildings all a crosswalk away from the subject property. Currently, the subject property is divided into (8) units and can be left as is or repositioned into a single-tenant retail space. What makes this property especially unique on this block is the fact that there is a walkway from the back of the building all the way to the front giving this property additional foot traffic from the alleyway where the parking structure is located.
PROPERTY TAXES
| Parcel Number | 5337-019-024 | Improvements Assessment | $886,933 |
| Land Assessment | $1,109,339 | Total Assessment | $1,996,272 |
PROPERTY TAXES
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