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Investment Highlights

  • Built in 1963 and recently upgraded with a new roof and AC units approximately two years ago.
  • Includes a lobby, main work area, office, break room, and two restrooms. Over 20 year history as a check cashing business.
  • LED exterior lighting and enhanced security systems already in place.
  • Positioned on a 0.25-acre site with 100 feet of frontage along Pasadena Blvd.
  • Offers 10 dedicated parking spaces and multiple signage options including monument and rooftop signs.
  • Located within minutes of municipal facilities and major Pasadena thoroughfares.

Executive Summary

This retail/office building offers an attractive owner-user or investment opportunity in the heart of Pasadena, Texas. Situated on Pasadena Blvd and approximately 1.35 miles from Highway 225, the property enjoys exceptional visibility and convenient access to major city destinations. Located across from the Pasadena Post Office and only minutes from City Hall, the Police Department, and the Public Library, the site benefits from steady traffic and strong community presence.
The building, constructed in 1963 and updated with roof and AC replacements within the last two years, sits on a 0.25-acre lot with 100 feet of frontage. It features a functional layout including a lobby, main work area, private office, break room, and dual restrooms, making it suitable for a range of business uses. Ample parking with 10 spaces, existing monument and rooftop signage, and LED lighting enhance visibility and customer convenience.
With over 20 years of operational history as a check-cashing business, extensive security measures are already in place. Offered at $330,000, this property combines accessibility, on-site parking, and visibility in a well-established commercial corridor. Owner financing may be considered for qualified buyers, creating additional flexibility for acquisition.

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Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,800 SF
Building Class
C
Year Built
1963
Price
$448,140 CAD
Price Per SF
$248.97 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.23 AC
Opportunity Zone
Yes
Parking
10 Spaces (5.56 Spaces per 1,000 SF Leased)
Frontage
100’ on Southmore Avenue

Amenities

  • Security System
  • Signage
  • Monument Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Nearby Major Retailers

Bank of America
First Convenience Bank
Chase Bank
Frost Bank
Buddy's Home Furnishings
Amegy Bank
La Michoacana Meat Market

Property Taxes

Property Taxes

Parcel Number
0650330000045
Land Assessment
$176,057 CAD
Improvements Assessment
$177,751 CAD
Total Assessment
$353,808 CAD
  • Listing ID: 37128556

  • Date on Market: 2025-03-12

  • Last Updated:

  • Address: 1122 Pasadena Blvd, Pasadena, TX 77506

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