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625-629 S. Atlantic Blvd 629 S Atlantic Blvd 2,120 SF 100% Leased Retail Building Monterey Park, CA 91754 $1,176,136 CAD ($554.78 CAD/SF) 7.67% Cap Rate
Investment Highlights
- High-Visibility Retail
- Private rear parking with effortless access
- Restaurant Opportunity in a Core Trade Area
Executive Summary
Located in the heart of Monterey Park’s premier commercial corridor, this approximately 2,120 SF standalone commercial building offers exceptional exposure along high-traffic Atlantic Boulevard, one of the city’s most active retail and dining destinations.
The property is currently utilized as a restaurant and retail store, making it well-suited for a variety of owner-user or investor uses, including food service, retail, or specialty concepts. The building has been well maintained, with a newer roof replaced within the past few years and an HVAC system in excellent working condition, minimizing near-term capital expenditures.
A major advantage of this asset is its dedicated on-site parking spaces located behind the building, complemented by ample street parking, a rare and valuable feature for Atlantic Blvd properties. Surrounded by established businesses, dense residential neighborhoods, and strong daily traffic counts, this property presents a compelling opportunity in one of the San Gabriel Valley’s most sought-after commercial locations.
Please do not disturb tenants. All showings are by appointment only.
The property is currently utilized as a restaurant and retail store, making it well-suited for a variety of owner-user or investor uses, including food service, retail, or specialty concepts. The building has been well maintained, with a newer roof replaced within the past few years and an HVAC system in excellent working condition, minimizing near-term capital expenditures.
A major advantage of this asset is its dedicated on-site parking spaces located behind the building, complemented by ample street parking, a rare and valuable feature for Atlantic Blvd properties. Surrounded by established businesses, dense residential neighborhoods, and strong daily traffic counts, this property presents a compelling opportunity in one of the San Gabriel Valley’s most sought-after commercial locations.
Please do not disturb tenants. All showings are by appointment only.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,120 SF
Building Class
C
Year Built
1964
Price
$1,176,136 CAD
Price Per SF
$554.78 CAD
Cap Rate
7.67%
NOI
$90,262 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.14 AC
Zoning
MPC2*
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
The Bistro
Property Taxes
| Parcel Number | 5261-017-045 | Improvements Assessment | $106,580 CAD |
| Land Assessment | $80,422 CAD | Total Assessment | $187,002 CAD |
Property Taxes
Parcel Number
5261-017-045
Land Assessment
$80,422 CAD
Improvements Assessment
$106,580 CAD
Total Assessment
$187,002 CAD
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625-629 S. Atlantic Blvd | 629 S Atlantic Blvd
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