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31461459

60 N Raymond Ave, Pasadena, CA 91103 For Sale

Coldwell Banker Commercial NRT Pasadena
Coldwell Banker Commercial NRT Pasadena
Coldwell Banker Commercial NRT Pasadena
Coldwell Banker Commercial NRT Pasadena
Listed by Coldwell Banker Commercial NRT Pasadena
$5,350,000
107 days on market
Updated 2 days ago

60 N. Raymond Avenue Pasadena, CA 91103

Details
APN 5723-024-001
Property Type Office, Retail
Sub Type Creative Office, Restaurant (+1)
Square Footage 2,650
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $2,019
Year Built 1904
Zoning PSC

NEW PRICE! PRIME SIGNALIZED CORNER BUILDING IN OLD PASADENA

Marketing description

+/-2,650 square feet of Signalized Corner Former Restaurant Ground Floor Space Immediately Available.

User can occupy +/-7,150 Sq. Ft. on first and second floors, plus some basement space.

Buyer will have Prime Sign Rights on Signalized Corner of North Raymond Avenue and Union Street.

Prime Signalized Commercial Corner in Old Pasadena. Northeast Corner of North Raymond and Union Street.

Seize this rare opportunity to secure 2,650 sq. ft. of prime ground floor retail/commercial former restaurant space at a high-visibility, signalized corner, which is available immediately. An additional approximately 5,200 square feet of 2nd floor space can be available with 6 months notice. Plus, a portion of the basement can also be occupied with notice.

Buyer will benefit from current rent by existing Tenants. Call agent for details.

Historic Landmark Building: 60 N. Raymond Avenue is a designated historic building, proudly listed on the Pasadena Historic Register. The building reflects the character and architectural integrity of Old Pasadena's celebrated commercial corridor, offering a rare opportunity to own a piece of the city's storied past. Constructed in the early twentieth century, the building features classic brick masonry detailing and period facade elements that have been carefully preserved. Ownership of a historic landmark in Old Pasadena confers significant prestige and may qualify the buyer for the Mills Act property tax reduction program, potentially resulting in substantial annual tax savings.

Seismically Upgraded and Elevator Served to description area: The building has been seismically retrofitted and is earthquake resistant, providing owners and tenants with confidence in the structural integrity of the asset. The building is also served by an elevator, ensuring full accessibility across all floors and making the upper floors equally viable for a wide range of commercial, office, and professional uses.

Listing Contacts

Coldwell Banker Commercial NRT Pasadena
Coldwell Banker Commercial NRT Pasadena
Coldwell Banker Commercial NRT Pasadena
Coldwell Banker Commercial NRT Pasadena
Listed by Coldwell Banker Commercial NRT Pasadena

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