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Rare Mixed Use, Office And Light Industrial/Manufacturing Property On Corner For Sale In Beautiful South Pasadena, Ca

$8,100,000

601-605 Mission Street, South Pasadena, CA 91030

Active
Last Updated: 08/25/2021

22,750 sqft

Building Size

0.48 acres

Lot Area

Details:
Building Size:    22,750 sqft
Lot Area:    0.48 acres
Units:    3
Year Built:    1937, 1956, 1950
Price Per Sqft:    $356.04
Zoning:    Mission Street Specific Plan, District B
Tenancy:    Multiple
Floors:    2
Parking Spots:    18
Year Last Renovated:    2018
Roof:    New
HVAC:    Yes
Investment Strategy:    Opportunistic
Highlights:
  • Property Assemblage Addresses: 601-605 MIssion Street & 912 Palm Avenue, South Pasadena, CA 91030
  • Adjacent to Trader Joes at the signalized intersection of Mission St.​ and Grand Ave.​
  • Excellent Demographics
  • Prime Street Frontage with potential for Excellent Signage
  • Nearby freeway access to the 110 on and off-ramps at Orange Grove Ave
  • Great walking access to many retail/credit amenities
  • Two (2) blocks west of the Gold Line Station
  • Power: 600 Amp 240/208/120V 3-4 Wire
  • Roll Up Doors: One (1)
  • Loading Docks: One (1)
  • Service Garage
Description:

Coldwell Banker Commercial is pleased to present this rare owner/user or investment opportunity to acquire 601-605 Mission Street & 912 Palm Avenue in charming South Pasadena, CA.​

This coveted three (3) building mixed-use, office/industrial property totals approximately 22,750 SF and is located on the Southeasterly Corner (SEC) of Mission Street and Palm Avenue, adjacent to Trader Joe’s, fronting the signalized intersection of Mission Street and Grand Ave.​ The Subject Property offers convenient access to the 110, 210, and 134 Freeways, abundant retail amenities, and public transportation, just two, (2) two blocks west from the Metro Gold Line Station.​ Constructed from 1937, the Subject Property is currently occupied by two (2) tenants.​ Assembled by three (3) individual parcels, the Subject Property is comprised of a one (1) story mixed-use building, including several offices and a state-of-the-art manufacturing lab space, a two (2) story office building with a basement and a beautiful brick façade, and a rear parking lot, including a service garage featuring a roll-up door with approximately eighteen (18) parking spaces.​

Map:
Documents:
Title
601-605_Mission_St___912_Palm_Ave__South_Pasadena_Brochure.pdf
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Location
Gallery