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433 & 441 W Main St 2 Retail Properties Offered at $5,376,669 CAD in Alhambra, CA
Investment Highlights
- Mixed-Use - (1) Barbershop, (1) Restaurant/Bar (available), (1) Market/Grocer and (4) Multifamily Units
- Priced slightly above replacement cost
- Located on bustling Main St with excellent car and foot traffic and adjacent to public parking
- Approximately 45% upside in rents with most of the units on month-to-month tenancy
- Available Bar and Grill with large outdoor patio space
- Owner-user/Investment Opportunity
Executive Summary
433 + 441 W Main St offers an incredible investment opportunity with a dynamic
mix of thriving businesses and residential units. The property features a total of 7
units, including a bustling shopping market, a full liquor-licensed bar with a lively
outdoor patio, a popular barber shop, and four well-maintained residential units—
two 1-bedroom and two 2-bedroom apartments. The building has been meticulously
managed and presents a solid foundation for future growth, with significant upside
potential in increasing rents across both commercial and residential spaces.
The commercial spaces on the property are strategically positioned to benefit from
the high foot traffic along one of Alhambra’s busiest streets. The shopping market
attracts a steady stream of customers, while the full liquor-licensed bar offers a
lively atmosphere, enhanced by the outdoor patio that provides an inviting space
for patrons. The barber shop has established itself as a neighborhood favorite,
providing consistent business and contributing to the overall vibrancy of the property.
These thriving commercial tenants help create a dynamic environment, making it an
attractive location for future businesses and residents.
The property also offers four residential units, including two 1-bedroom and two
2-bedroom apartments, each providing comfortable living spaces in a highly
desirable location. These well-maintained units are ideal for long-term tenants and
present an excellent opportunity for rental income growth. With rents in Alhambra
continuing to rise, there is clear potential to increase rental rates, maximizing the
property’s profitability. The combination of residential and commercial tenants offers
a unique investment opportunity that capitalizes on both sectors of the rental market.
Situated on West Main Street, one of the most highly trafficked areas in Alhambra,
this property enjoys exceptional visibility and accessibility. The bustling street offers
a wide range of amenities, including dining, shopping, and entertainment options,
all within close proximity. The property’s location is perfect for attracting both
commercial tenants and residential renters who want to be in the heart of the action,
making it a highly sought-after location for investors looking for a prime piece of real
estate with substantial growth potential.
mix of thriving businesses and residential units. The property features a total of 7
units, including a bustling shopping market, a full liquor-licensed bar with a lively
outdoor patio, a popular barber shop, and four well-maintained residential units—
two 1-bedroom and two 2-bedroom apartments. The building has been meticulously
managed and presents a solid foundation for future growth, with significant upside
potential in increasing rents across both commercial and residential spaces.
The commercial spaces on the property are strategically positioned to benefit from
the high foot traffic along one of Alhambra’s busiest streets. The shopping market
attracts a steady stream of customers, while the full liquor-licensed bar offers a
lively atmosphere, enhanced by the outdoor patio that provides an inviting space
for patrons. The barber shop has established itself as a neighborhood favorite,
providing consistent business and contributing to the overall vibrancy of the property.
These thriving commercial tenants help create a dynamic environment, making it an
attractive location for future businesses and residents.
The property also offers four residential units, including two 1-bedroom and two
2-bedroom apartments, each providing comfortable living spaces in a highly
desirable location. These well-maintained units are ideal for long-term tenants and
present an excellent opportunity for rental income growth. With rents in Alhambra
continuing to rise, there is clear potential to increase rental rates, maximizing the
property’s profitability. The combination of residential and commercial tenants offers
a unique investment opportunity that capitalizes on both sectors of the rental market.
Situated on West Main Street, one of the most highly trafficked areas in Alhambra,
this property enjoys exceptional visibility and accessibility. The bustling street offers
a wide range of amenities, including dining, shopping, and entertainment options,
all within close proximity. The property’s location is perfect for attracting both
commercial tenants and residential renters who want to be in the heart of the action,
making it a highly sought-after location for investors looking for a prime piece of real
estate with substantial growth potential.
Property Facts
| Price | $5,376,669 CAD | Number of Properties | 2 |
| Price / SF | $533.40 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 10,080 SF |
| Status | Active | Total Land Area | 0.30 AC |
| Price | $5,376,669 CAD |
| Price / SF | $533.40 CAD / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,080 SF |
| Total Land Area | 0.30 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 433-437 W Main St, Alhambra, CA 91801 | Retail | 6,080 SF | 1922 | - |
| 441 W Main St, Alhambra, CA 91801 | Retail | 4,000 SF | 1922 | - |
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Contacts
-
Guillermo Olaiz -
Tim Steuernol -
Rob Zaharia -
Jaxon Ziegenfuss -
Philip Attalla -
NAI Capital
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433 & 441 W Main St
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