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609 N Azusa Ave
0.16 Acres of Commercial Land Offered at $798,000 in Azusa, CA 91702
Investment Highlights
- 7043 Square Foot Building Pad Permitted up to 3-stories
- 2-Blocks from Metro Gold Line Station
- Located in the heart of Azusa's Historic Downtown District
Executive Summary
The downtown area at the intersection of historic Route 66 and North Azusa Ave. is quickly becoming the ‘PLACE to BE’ in the San Gabriel Valley: for casual dining, unique shopping and upscale urban living.
Just a block away from the Metro Gold-Line Azusa Station, a short drive, up Azusa Ave., from the 210 and 605 Freeways: Downtown Azusa is easy to get to.
The newly opened ‘Orchard’ mixed-use development – at the southeast corner of N. Azusa Ave and Route 66 -- is bringing an affluent, younger crowd to the downtown area with 163 luxury apartment dwellings and 30,000 square feet of commercial space.
Within an easy walk from this prime intersection: Target Store, Smart & Final, CVS, Congregation Alehouse Restaurant, Wells Fargo Bank, Bank of America, Starbucks and a host of unique local restaurants and businesses.
609 N. Azusa Ave. is a 7043 square foot building pad directly in the middle of the historic central core of downtown Azusa. It is available right now for your development portfolio.
The flat, graded property represents an in-fill opportunity to build up to 3-stories of mixed-use development at the apex of the city’s soon-to-be-thriving core.
The property features 50-Feet of sidewalk frontage on North Azusa Ave., directly across from the ‘Orchard’. There is shared parking behind the storefronts, set amid existing restaurants and shops which draw a growing volume of pedestrian and vehicular traffic.
Data Room Click Here to Access
Property Facts In Escrow
1 Lot Available
Lot
| Price | $798,000 | Lot Size | 0.16 AC |
| Price Per AC | $4,935,523 |
| Price | $798,000 |
| Price Per AC | $4,935,523 |
| Lot Size | 0.16 AC |
7043 square foot undeveloped lot located mid-block adjacent to existing cafe's retail and professional. Zoned for up to 3-story Mixed Use, for a total development opportunity of 21,000 square feet. All services on-site (Gas,Water,Sewer Electric)
Description
MORE THAN MEETS THE EYE. - 7043 Square Foot building pad, zoned for 3-story mixed-use for a total of 21,000 Square Foot Development Opportunity. Prime Location in the heart of Azusa's historic downtown district.. At first glance this flat, graded property features 50-feet of sidewalk street frontage on busy North Azusa Ave. adjacent to dining and shopping. Existing grading ends at rear sidewalk but BUILDABLE PAD EXTENDS into the existing parking lot for a total of 7043 square feet. All services on-site (Gas, Water, Sewer, Electric). Directly across Azusa Ave. from 'The Orchard' 30,000 sq.ft. Mixed-Use development. Two blocks from Azusa Metro Gold Line station. 1/2 Block south of Historic Route 66. Convenient access to 210 Foothill Freeway and Azusa Pacific College. The city of Azusa has targeted its historic downtown district to attract private investment by expediting approval of development proposals that promote the master plan. This parcel, with its ideal central location, is one of the last remaining privately owned parcels available. Savvy investors will recognize an extraordinary opportunity. **All information provided in this listing is deemed reliable but not guaranteed. ***Buyer is responsible for verifying details, permitted uses and requirements with appropriate agencies.
PROPERTY TAXES
| Parcel Number | 8611-004-023 | Improvements Assessment | $0 |
| Land Assessment | $288,676 | Total Assessment | $288,676 |
PROPERTY TAXES
zoning
| Zoning Code | CBD (City of Azusa has indicated a preference for mixed-use; commercial/restaurant on ground level, residential/office on upper levels.) |
| CBD (City of Azusa has indicated a preference for mixed-use; commercial/restaurant on ground level, residential/office on upper levels.) |
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Brian Brooks -
Brion Costa, CCIM -
Century 21 Commercial
Presented by
609 N Azusa Ave
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