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950 East Colorado Boulevard, Pasadena, CA 91106 For Sale

Berkshire Hathaway HomeServices California Properties Pasadena
Listed by Berkshire Hathaway HomeServices California Properties Pasadena
$130,000
4 days on market
Updated 4 days ago

Restaurant Asset Sale In Pasadena

Details
Property Type Retail, Business for Sale
Sub Type Restaurant, Business Only (+1)
Square Footage 1,239
Tenancy Multi
Lease Type NNN
Lease Options TBD
Year Built 1990
Zoning ECSP-MU-2
Parking Spaces 84 spaces
Parking per 1,000 SqFt 67.80
Ground Lease No
Sale Condition For sale by owner

About This Property for Sale

Marketing description

A fully built-out restaurant leasehold located along Colorado Boulevard in Pasadena, offering strong visibility and immediate usability for an incoming operator.

The existing layout supports a range of food and beverage concepts and is well-suited for a casual dining or mini sports bar format. (Type 41 beer and wine license info available upon request )

Asking key money is $130,000. Ownership is highly motivated. Rent is approximately $7,780 per month (including NNN). The landlord will consider a new lease for a qualified tenant.

All information contained herein has been obtained from sources deemed reliable; however, no representation or warranty, express or implied, is made as to the accuracy or completeness of the information. Prospective buyers are advised to conduct their own independent investigations and due diligence regarding all aspects of the property.

Buyer shall not rely on any information contained in this offering memorandum, including but not limited to square footage, lot size, zoning, permits, financial projections, or condition of the property. All such matters should be independently verified by Buyer and Buyer’s advisors.

The seller and broker expressly disclaim any and all liability for errors, omissions, or changes in the information provided. This offering is subject to prior sale, lease, withdrawal from the market, or change in terms without notice.

Confidentiality Notice:

This is an active business. Please do not contact or engage with employees or staff. All inquiries must be directed through the listing agent. Thank You

Investment highlights

84 Dedicated Parking Spaces.

Surrounded by dense multifamily development

Frontage on Colorado Boulevard (Rose Parade Route)

Proximity to Pasadena City College (~0.3 miles)

Turnkey restaurant infrastructure in place

Listing Contacts

Berkshire Hathaway HomeServices California Properties Pasadena
Listed by Berkshire Hathaway HomeServices California Properties Pasadena

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Additional Information

Name
Frantz Saint Louis
License
02093613
Brokerage
BHHS
Brokerage Phone
3237619878
Title
Senior Commercial
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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