17 1St St, Alhambra, CA 91801
11,920 SF | Retail Building | Alhambra, CA 91801 | $5,500,000 ($461/SF) | 4.80% Cap Rate
For Sale
Active
Asking Price $5,500,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 11,920 SF
- Price / Square Foot
- $461
Listing Contacts
Leo Yong Gao
Property Overview
This property presents a great opportunity for both owner occupancy or investment, located in a prime area of Alhambra. The current tenant has been operating a dancing club with 47 liquor licenses for many years. Prospective buyers have the option to either occupy the property themselves or seek a new tenant who can make more effective use of the space and pay a higher rent. The property is conveniently situated within walking distance of city hall, the police department, a parking structure, the Post Office, a high school, churches, and popular restaurants such as Gen Korean BBQ, Boiling Crab, and Starbucks.
The mixed-use building features a high-ceilinged lobby leading to a spacious ballroom, modern spec offices with large windows, a fully equipped commercial kitchen, and a functional basement with ample storage.
Discover the vibrant and bustling neighborhood surrounding this prime mixed-use property in Alhambra, CA. Located in the heart of the city, the area offers a dynamic mix of diverse retail options, popular dining establishments, and a rich cultural scene. Nearby attractions such as the Alhambra Place Shopping Center, Main Street Alhambra, and the historic Mission District draw a steady flow of foot traffic and provide ample opportunities for retail and street retail investment. With a strong sense of community and a growing consumer base, the location presents an exciting prospect for purchasers looking to capitalize on the thriving local market.
The mixed-use building features a high-ceilinged lobby leading to a spacious ballroom, modern spec offices with large windows, a fully equipped commercial kitchen, and a functional basement with ample storage.
Discover the vibrant and bustling neighborhood surrounding this prime mixed-use property in Alhambra, CA. Located in the heart of the city, the area offers a dynamic mix of diverse retail options, popular dining establishments, and a rich cultural scene. Nearby attractions such as the Alhambra Place Shopping Center, Main Street Alhambra, and the historic Mission District draw a steady flow of foot traffic and provide ample opportunities for retail and street retail investment. With a strong sense of community and a growing consumer base, the location presents an exciting prospect for purchasers looking to capitalize on the thriving local market.
Property Details
- Class
- C
- Year Built/Renovated
- 1929/2004
- Stories
- 2
- Property Subtype
- Other Restaurants, Loft/Creative Space, Medical
- Lot Size (sq. ft)
- 7,841 SF
Highlights
- Prime Location with walking distance to city hall, police department, parking structure and restaurants
- Free standing building with nice and private patio seatings
- High-ceilinged lobby leading to a spacious ballroom
- Dancing club with 47 liquor license may be for sale
- A fully equipped commercial kitchen
- Ample Parking
Nearby Properties
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