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INVESTMENT HIGHLIGHTS
- ±2nd Generation Restaurant Buildout (kitchen, hood, dining area in place)
- Flexible Use – Owner-occupied, tenant lease-up, or franchise opportunity
- Excellent Demographics – Strong traffic counts and population density
EXECUTIVE SUMMARY
This fully built-out 2nd generation restaurant presents a rare turnkey opportunity along one of Pasadena’s most active commercial corridors. Strategically positioned with over 28,000 vehicles per day and excellent frontage, this asset benefits from high visibility and accessibility.
Located within a dense residential and commercial trade area—with over 150,000 residents within 3 miles—the site supports strong dine-in, takeout, and delivery demand. The property is ideally suited for:
Restaurant operators seeking minimal downtime and reduced upfront costs
National or regional franchise conversions
Investors seeking strong lease-up potential in a core Pasadena retail location
Key Highlights:
±2nd Generation Restaurant Buildout (kitchen, hood, dining area in place)
Prime Location – Dense corridor near major national tenants
Excellent Demographics – Strong traffic counts and population density
Flexible Use – Owner-occupied, tenant lease-up, or franchise opportunity
Immediate Revenue Potential + Long-Term Appreciation
Located within a dense residential and commercial trade area—with over 150,000 residents within 3 miles—the site supports strong dine-in, takeout, and delivery demand. The property is ideally suited for:
Restaurant operators seeking minimal downtime and reduced upfront costs
National or regional franchise conversions
Investors seeking strong lease-up potential in a core Pasadena retail location
Key Highlights:
±2nd Generation Restaurant Buildout (kitchen, hood, dining area in place)
Prime Location – Dense corridor near major national tenants
Excellent Demographics – Strong traffic counts and population density
Flexible Use – Owner-occupied, tenant lease-up, or franchise opportunity
Immediate Revenue Potential + Long-Term Appreciation
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,600 SF
Building Class
C
Year Built
1982
Price
$1,248,704 CAD
Price Per SF
$480.27 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.60 AC
Opportunity Zone
Yes
Parking
21 Spaces (8.08 Spaces per 1,000 SF Leased)
Frontage
137’ on Richey Street
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0660610000001 | Improvements Assessment | $528,382 CAD |
| Land Assessment | $217,107 CAD | Total Assessment | $745,489 CAD |
PROPERTY TAXES
Parcel Number
0660610000001
Land Assessment
$217,107 CAD
Improvements Assessment
$528,382 CAD
Total Assessment
$745,489 CAD
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410 Richey St
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