Listed by NAI Capital - Pasadena
$2 - $4/SF/MO
232 N Lake Ave
Building Details
Property Type Retail, Office
Sub Type Executive Office, Creative Office
Tenancy Multiple
Lease Type NNN
Class B
Total Building SqFt 40,939
Min Divisible SqFt 1,200
Max Contiguous SqFt 21,712
Vacant SqFt 40,939
Total Parking Spaces Ample On-Site Land – Secondary parcel offers parking, storage, or expansion potential
Year Built 1956
Spaces
APN 5738-001-052: ±21,712 SF building on ±17,508 SF land (232 N. Lake Ave.)
Available for lease at $2.00 – $4.00 per SF per month, with 3- to 5-year terms (or terms acceptable to owner).
APN 5738-001-054: ±18,027 SF land parcel (916 Locust St.)
Available for lease at $2.00 – $4.00 per SF per month, with 3- to 5-year terms (or terms acceptable to owner).
Lease Rate $2.50 - 4.00 SF/month
Retail | 3 spaces available | 1,200 SqFt - 21,712 SqFt
Building description
The offering consists of two adjacent parcels in Pasadena, Los Angeles County:
APN 5738-001-052: ±21,712 SF building on ±17,508 SF land (232 N. Lake Ave.)
APN 5738-001-054: ±18,027 SF land parcel (916 Locust St.)
Available for lease at $2.00 – $4.00 per SF per month, with 3- to 5-year terms
(or terms acceptable to owner). The property offers flexible space suitable for office, creative, retail, or mixed-use tenants, with on-site parking and prime Lake Avenue frontage.
Located just off the 210 Freeway, 232 N. Lake Ave. and 916 Locust St. offer excellent accessibility and visibility in Pasadena’s established Lake Avenue Business District; one of the city’s most active commercial corridors. This area is home to major employers, retailers, and restaurants, making it an ideal location for tenants seeking to thrive in Pasadena’s dynamic business environment. The two-parcel property features a ±21,712 SF building on ±17,508 SF of land plus an adjacent ±18,027 SF parcel, providing flexibility.
Building highlights
- Prime Lake Ave Business District – High-visibility Pasadena location just off the 210 Freeway.
- Two-Parcel Offering – ±21,712 SF building + ±18,027 SF adjacent land parcel.
- Flexible Use Potential – Ideal for office, creative, retail, or mixed-use tenants.
- Accessible Location – Quick freeway access and strong area demographics.
- Competitive Lease Rate – $2.50 – $4.00 / SF / month, 3- to 5-year terms.
- Ample On-Site Land – Secondary parcel offers parking, storage, or expansion potential.
- Established Commercial Corridor – Surrounded by successful businesses, dining, and amenities.
Listing Contacts
Listed by NAI Capital - Pasadena
Property History
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