597-601 E Walnut St
Pasadena, CA 91101
Hard Corner Retail - Development Potential · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Parking Reduction - Metro Lake Station - Allows Take Food Retail and Medical Uses
- Current Tenant - 7 years Remain with Option to Renew - Not paid fully amount or NNN since beginning of Covid
- Dry Cleaners Since 1923 - Environmental Issues Potentially Seller Will Discount Accordingly - Buyer to pay for investigations
- Call For Offers - November 11th
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,063 SF
Building Class
C
Year Built
1965
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.20 AC
Zoning
CD-3 - CD-3: Walnut Housing. This subdistrict is intended to promote the development of a high-density residential area with 17 units by right.
Parking
11 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
124’ on E Walnut St
AMENITIES
- Bus Line
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 5723-007-016 | Improvements Assessment | $357,000 |
| Land Assessment | $1,020,000 | Total Assessment | $1,377,000 |
