Listed by Coldwell Banker Commercial NRT Pasadena
$11,000,000
50 S De Lacey Ave
Details
APN 5713-007-019
Property Type Retail
Sub Type Storefront
Square Footage 24,544
Occupancy 60%
Tenancy Multi
Lease Type Modified
Class B
Year Built 1955
Stories 2
Zoning PSC-
50 S De Lacey Ave
Marketing description
PRIME CORNER OFFICE & RETAIL SPACE IN THE HEART OF OLD PASADENA
An exceptional opportunity to own a high-visibility, mixed-use retail and office building in the heart of Old Pasadena, one of Southern California’s most vibrant and walkable commercial districts. Whether it’s a café, a service-based business, or a larger user that wants to combine suites, this building is flexible in use. This ±24,544 SF corner property offers strong in-place income from established tenants and multiple vacant suites ideal for lease-up or owner-user repositioning. Located just steps from premium restaurants, national retailers, and historic architecture, the property benefits from high foot traffic, robust demographics, and excellent freeway access. With zoning flexibility (PSC-) and value-add upside, this is a rare chance to invest in a generational location.
PROPERTY HIGHLIGHTS
- Premier Corner Location in Old Pasadena
- ±24,544 SF Building on a Highly Visible Parcel
- Mixed-Use Configuration: Office & Retail
- Multiple Vacant Units – Value-Add Leasing Potential
- Lush Walkable Area Near Top Dining, Shops, & Entertainment
- Zoning: PSC- (Pasadena Specific Commercial)
- Year Built: 1955
Listing Contacts
Listed by Coldwell Banker Commercial NRT Pasadena
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