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1191 E Walnut St 2,160 SF 100% Leased Office Building Pasadena, CA 91106 $1,508,276 CAD ($698.28 CAD/SF)
Investment Highlights
- Vacant Office Asset with Immediate Owner-User Appeal
Executive Summary
The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 1191 E Walnut Street, a 2,160 square foot office asset situated on 0.13 acres (5,533 SF) of land, ideally located just north of Pasadena’s primary commercial corridor along Colorado Boulevard.
The property will be delivered vacant, having been formerly occupied by a single psychology practice, creating an immediate owner-user or value-add opportunity. An owner-user may occupy the property for their own business operations, while a value-add investor has the ability to reposition the asset with a market-rate tenant or multiple tenants, depending on the desired use and configuration.
The property will be delivered vacant, having been formerly occupied by a single psychology practice, creating an immediate owner-user or value-add opportunity. An owner-user may occupy the property for their own business operations, while a value-add investor has the ability to reposition the asset with a market-rate tenant or multiple tenants, depending on the desired use and configuration.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,160 SF
Building Class
B
Year Built/Renovated
1955/2022
Price
$1,508,276 CAD
Price Per SF
$698.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,080 SF
Slab To Slab
9’
Building FAR
0.38
Lot Size
0.13 AC
Zoning
PSC- - Commercial
Parking
4 Spaces (1.85 Spaces per 1,000 SF Leased)
Amenities
- Fireplace
- Outdoor Seating
- Air Conditioning
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Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (83)
Property Taxes
| Parcel Number | 5738-015-036 | Improvements Assessment | $299,908 CAD |
| Land Assessment | $1,649,516 CAD | Total Assessment | $1,949,425 CAD |
Property Taxes
Parcel Number
5738-015-036
Land Assessment
$1,649,516 CAD
Improvements Assessment
$299,908 CAD
Total Assessment
$1,949,425 CAD
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1191 E Walnut St
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