DWTN Alhambra Urban Retail (Seller can Carry) | 43 E Main St
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DWTN Alhambra Urban Retail (Seller can Carry) 43 E Main St
20,920 SF 35% Leased Retail Building Alhambra, CA 91801 $4,850,000 ($232/SF)
Investment Highlights
- In close proximity to highway 10
Executive Summary
No better place to be than on Main Street. In this case for 43 E Main Street, no better place to be than on Main Street and Garfield. Available for sale is a great opportunity to own a building near the busiest intersection in Alhambra. Across the street from Alhambra Place, next to Alhambra Renaissance Theaters and located in downtown Alhambra, this is a prime location.
Renovated in 2018, this building preserves the original façade but with modern upgrades in the electrical, plumbing, fire/life/safety and HVAC systems. The building consists of a functional basement area, first floor, mezzanine and second floor areas. The basement is functional and can be used for a variety of purposes. The first floor has high ceilings and great natural light that can be used for a variety of purposes given the zoning. The second floor features great natural light. The building is elevator served through all the floors.
This building is perfect for an owner-user to take advantage of the upcoming first floor vacancy and occupy more than 50% of the building and potentially take advantage of any SBA financing. Alternatively, an investor can take advantage and add value to this building by re-tenanting the building and raising rents.
Renovated in 2018, this building preserves the original façade but with modern upgrades in the electrical, plumbing, fire/life/safety and HVAC systems. The building consists of a functional basement area, first floor, mezzanine and second floor areas. The basement is functional and can be used for a variety of purposes. The first floor has high ceilings and great natural light that can be used for a variety of purposes given the zoning. The second floor features great natural light. The building is elevator served through all the floors.
This building is perfect for an owner-user to take advantage of the upcoming first floor vacancy and occupy more than 50% of the building and potentially take advantage of any SBA financing. Alternatively, an investor can take advantage and add value to this building by re-tenanting the building and raising rents.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,920 SF
Building Class
B
Year Built/Renovated
1928/2016
Price
$4,850,000
Price Per SF
$232
Percent Leased
35%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.83
Lot Size
0.17 AC
Zoning
ALCBD/DRD* - Retail Stores
Parking
4 Spaces (0.19 Spaces per 1,000 SF Leased)
Frontage
91 FT on Main St
Amenities
- Bus Line
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 101
- 3,200 SF
- Retail
- In-Line
- Now
- 102
- 500 SF
- Retail
- In-Line
- Now
| Space | Size | Space Use | Position | Available |
| 101 | 3,200 SF | Retail | In-Line | Now |
| 102 | 500 SF | Retail | In-Line | Now |
101
| Size |
| 3,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
102
| Size |
| 500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
Walk Score ®
Walker's Paradise (95)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 5337-024-024 | Improvements Assessment | $1,093,530 |
| Land Assessment | $1,105,325 | Total Assessment | $2,198,855 |
PROPERTY TAXES
Parcel Number
5337-024-024
Land Assessment
$1,105,325
Improvements Assessment
$1,093,530
Total Assessment
$2,198,855
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DWTN Alhambra Urban Retail (Seller can Carry) | 43 E Main St
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