For Sale
For Sale
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Year Built
1966
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Total Building Size
9,714 RSF
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Overview
Centrally located on the most desired blocks of South Lake Ave., a Dense Infill Urban Location home to over 2 Million SF of Class A offices, significant daytime population of 52,951 employees in a 1 Mi. radius & affluent consumer base of AHHI exceeding $129,000 in a 3-mile radius. - Located in same block as Panda Express, Jamba Juice, Veggie Grill, Urbane Cafe, Mendocino Farms, Chipotle and Granville Cafe. Coming soon are Five Guys Burger & Fries, Randy's Donuts and Susie Cakes. - Pasadena is the Rising Tech Hub and 214 S. Lake Ave. is strategically located within 3 blocks of Cal Tech and 5 blocks from Pasadena City College & drawing from NASA's Jet Propulsion Laboratory (JPL) and central business district businesses. - Operated since 2014 as Du-Par's restaurant and prior to that the iconic Hamburger Hamlet. Included in Sales Price are the FF&Es. Ideal Owner-User or Investment Opportunity. Purchase as an investor or as an owner/user and own vs. Lease at historic low interest rate. Ample Parking w/48 surface spaces in rear 2 parking parcels that are shared reciprocal parking w/255 spaces in the block & 1st 90 minutes free. 8,090 SF on ground floor and 1,624 SF on 2nd floor. Can accommodate a single user or can be divided to meet the high demand of small to medium sized tenants.
Property Details
FOR SALE – TROPHY OWNER USER RETAIL/OFFICE/MEDICAL/RESTAURANT OR INVESTMENT
Centrally located on the most desired blocks of South Lake Ave., a Dense Infill Urban Location home to over 2 Million SF of Class A offices, significant daytime population of 52,951 employees in a 1 Mi. radius & affluent consumer base of AHHI exceeding $129,000 in a 3-mile radius. - Located in same block as Panda Express, Jamba Juice, Veggie Grill, Urbane Cafe, Mendocino Farms, Chipotle and Granville Cafe. Coming soon are Five Guys Burger & Fries, Randy's Donuts and Susie Cakes. - Pasadena is the Rising Tech Hub and 214 S. Lake Ave. is strategically located within 3 blocks of Cal Tech and 5 blocks from Pasadena City College & drawing from NASA's Jet Propulsion Laboratory (JPL) and central business district businesses. - Operated since 2014 as Du-Par's restaurant and prior to that the iconic Hamburger Hamlet. Included in Sales Price are the FF&Es. Ideal Owner-User or Investment Opportunity. Purchase as an investor or as an owner/user and own vs. Lease at historic low interest rate. Ample Parking w/48 surface spaces in rear 2 parking parcels that are shared reciprocal parking w/255 spaces in the block & 1st 90 minutes free. 8,090 SF on ground floor and 1,624 SF on 2nd floor. Can accommodate a single user or can be divided to meet the high demand of small to medium sized tenants.
- Property TypeRetail
- Submarket
- Year Built1966
- Sale Price$4,990,000
- Total Building Size9,714RSF
- Total Acres0.61
- Sale StatusAvailable
- Property ID2160086