555 Main Street W

    Alhambra, CA 91801
    • $4,490,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: WS20061017
    UPDATED: 67 min ago
    $4,490,000
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,635
      SQFT
    • $287
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1939
    County:

    School Ratings & Info

    Description

    a 15,635 SF retail storefront / office building for sale in the prime area of city of Alhambra. Recently renovated, the building is located at the cross streets of Atlantic Blvd and W. Main St. Highlights of the investment include: A) High traffic area. Daily traffic in 2018: 31,073 on W Main St, 17,079 on N Atlantic Blvd. B) 200+GG frontage on W. Main Street. Signalized intersection. Excellent Location (88), Very Walkable (86). C) In close proximity to Alhambra Regency Plaza, Pacific Plaza, Alhambra Place, Edwards 14 screens Movie theater, city hall, Alhambra high school and County office building. Please download Offering Memorandum from the supplemental materials for additional information.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-02T16:29:06.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.

    www.laffinsrealestate.com/homes/104358959

    555 Main Street W Alhambra, CA 91801

    • Price: $4,490,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: WS20061017
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    15,635
    SQFT
    $287
    $/SQFT
    1939
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    a 15,635 SF retail storefront / office building for sale in the prime area of city of Alhambra. Recently renovated, the building is located at the cross streets of Atlantic Blvd and W. Main St. Highlights of the investment include: A) High traffic area. Daily traffic in 2018: 31,073 on W Main St, 17,079 on N Atlantic Blvd. B) 200+GG frontage on W. Main Street. Signalized intersection. Excellent Location (88), Very Walkable (86). C) In close proximity to Alhambra Regency Plaza, Pacific Plaza, Alhambra Place, Edwards 14 screens Movie theater, city hall, Alhambra high school and County office building. Please download Offering Memorandum from the supplemental materials for additional information.
    Exterior Features

    Carport Spaces 0.00 Lot Features 6-10 Units/Acre Lot Size Units Square Feet Parking Ratio 1.70 Parking Total 26.00

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class OfficeRetail Builder Name Cakelley Plaza Building Area Units Square Feet Building Status Existing Cap Rate 4.50 Country Us Expense Year 2019 Gross Scheduled Income 274224.00 Investment Property YN Yes Land Lease YN No Land Use Retail Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 202349.00 Number Of Units Leased 5 Operating Expense 16875.00 Property Sub Type Retail Special Listing Conditions Standard Total Expenses 16875.00 Water Source Public Zoning C

    Listing provided courtesy of Jennie Ching of Kw Executive and Samantha Lee of Kw Executive


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-02T16:29:06.993. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Remax of Chico - The Laffins Real Estate Team. Licensed in the State of California, USA.

     
    Remax of Chico - The Laffins Real Estate Team
    1834 Mangrove Ave
    Chico CA, 95926