Views
Address
43 E Colorado Boulevard Pasadena, CA
Price
$ 6,750,000
Property Attributes
  • MLS#AR21170597
  • TypeCommercial
  • CountyLOS ANGELES
  • CityPasadena
  • AreaPasadena
  • Zip91105
  • StyleRetail
  • Price$ 6,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4500
  • Lot Size2,811 SqFt
Listing Provided Courtesy Of:
Linda Vidov with Top Commercial Realty, Inc - 626-399-3715
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

This is a rare opportunity to purchase a completely renovated and operation ready commercial building on the highly sought after Colorado Boulevard in Old Town Pasadena. Located in Old Town Pasadena one of Southern California's most popular shopping and entertainment destinations. Previously a popular sushi restaurant– excellent opportunity to occupy for your own business or lease out. This property is located in a prime area adjacent to Mi Piace– one of most successful restaurants in Old Town operating for over 25 years! Situated between Raymond Avenue and Fair Oaks Avenue. This property is located along the famous Rose Parade route which has operated since 1890 with excellent visibility from the second floor. Purchase a turnkey restaurant with a fully equipped bar, kitchen, seating and possibility of a beer and wine licenses included. This restaurant has been recently renovated and has high exposed ceilings, restored brick, hardwood floors and warm wood features throughout. The bar is located at the front of the restaurant and has beer taps, soda fountains, sinks and ample seating. A sushi bar is located in the middle of the restaurant open to the seating area. The second floor office space has large windows giving excellent natural light throughout the space and a beautiful view to Colorado Blvd. The office has an open floor plan, restroom with shower, hardwood floors, exposed brick and high ceilings for an open and warm environment. The restaurant space has 2,800 SF with bonus basement space for additional storage. The second story has approximately 1,700 SF of office space– perfect for architect, marketing firm or tech uses. Rustic finished throughout with restored brick, exposed ceiling, wood bars and hardwood floors. Excellent ambiance with warm and inviting lighting. Recently renovated, prominent signage on front of building and great natural light filtering from large windows facing busy Colorado Blvd. Close to three large parking garages– street front parking available.

Price History
8/4/2021 Listed $7,300,000
9/22/2021 5% - $7,000,000
10/21/2021 4% - $6,750,000

General Features

Listing Agent Linda Vidov - BRE#01715788
Listing Agent State License 01715788
Lot Size Square Feet 2811
MLS Area 647 - Pasadena (SW)
Property Sub Type Additional Retail
Property SubType Retail
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active

Interior Features

Laundry Features None

Exterior Features

Lot Features Near Public Transit, Walkstreet
Lot Size Acres 0.06
Lot Size Area 2811
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 91105

Price
AVG $2.26M
$6.75M
Visits
AVG 283
103
Year Built
AVG 1888
1890
Walkscore
AVG 98
98
Data Provided by Walkscore ® not using MLS data