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Vacant Building

717 North Lake Avenue

717 N Lake Ave, Pasadena, CA 91104

Listing Price: $2,350,000

Number of Units
1,992
Gross SF
3,540
Price/Gross SF
$663.84

Investment Overview

Marcus & Millichap is pleased to present 717 North Lake Avenue, a 3,540-square feet* auto repair shop ideally located on Lake Avenue, one of Pasadena’s major north/south thoroughfares. The property benefits from over 33,000 vehicles per day with excellent visibility and access from Lake Avenue. 717 North Lake Avenue is a prime owner user opportunity comprised of 3,540-square feet of auto repair & office space located just one parcel north of the corner of Lake Avenue and Orange Grove Boulevard. The property sits on 8,253-square feet of land zoned PSC (low commercial), allowing for a variety of commercial uses or the potential for future residential / mixed use development as the City of Pasadena and Los Angeles County continue to incentivize affordable housing. This truly rare offering will be delivered vacant, making way for the ideal owner/user scenario and allowing for a potential buyer to acquire and operate business from day one.

Investment Highlights

  • Prime Owner/User Opportunity
  • Opportunity for Future Development
  • Excellent Frontage and Accessibility

Exclusively Listed By

Financing By

Vacant Building

717 North Lake Avenue

Listing Price: $2,350,000

Number of Units
1,992
Gross SF
3,540
Price/Gross SF
$663.84

Investment Highlights

  • Prime Owner/User Opportunity
  • Opportunity for Future Development
  • Excellent Frontage and Accessibility

Investment Overview

Marcus & Millichap is pleased to present 717 North Lake Avenue, a 3,540-square feet* auto repair shop ideally located on Lake Avenue, one of Pasadena’s major north/south thoroughfares. The property benefits from over 33,000 vehicles per day with excellent visibility and access from Lake Avenue. 717 North Lake Avenue is a prime owner user opportunity comprised of 3,540-square feet of auto repair & office space located just one parcel north of the corner of Lake Avenue and Orange Grove Boulevard. The property sits on 8,253-square feet of land zoned PSC (low commercial), allowing for a variety of commercial uses or the potential for future residential / mixed use development as the City of Pasadena and Los Angeles County continue to incentivize affordable housing. This truly rare offering will be delivered vacant, making way for the ideal owner/user scenario and allowing for a potential buyer to acquire and operate business from day one.

Exclusively Listed By

Financing By

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