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-1Bed
-1Bath
7200SqFt
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John Hunter
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Property Type: Commercial
Sub Type: Retail
Listing Status: Active
Purchase Type: For Sale
Square Footage: 7,200 sqft
Price per Sqft: $374
Year Built: 1948
MLS Listing ID: P1-3158
Financing: None
HOA Y/N: No
Property Description
First time on the market in 50 years. Rare Owner/User building or investment opportunity. 3-unit retail property with two 1,200sf units occupied by a hair salon and acupuncture office and one corner 4,800sf (+200sf bonus warehouse) unit that is currently occupied by an art school that is month to month and can accommodate an owner/user upon close of escrow.High visibility, corner location at the intersection of 1st Avenue and Fano Street. Central Arcadia location, one block east of Santa Anita Avenue and north of Duarte Road. Convenient to the Westfield Santa Anita Regional Shopping Mall, Santa Anita Racetrack, and Restaurant Row along Huntington Drive. Zoned Mixed Use, suitable for a wide variety of retail and service uses. Please check with the City of Arcadia Zoning Department for all zoning matters, allowed uses and parking requirements.Future development potential with mixed-use zoning for a retail and residential project. Zoning permits 30 units/acre with a Floor to Area Ration of 1.0 and a maximum height of 40 feet. PLEASE DO NOT DISTURB TENANTS OR WALK ON PROPERTY WITHOUT LISTING BROKER. ALL VIEWINGS AND TOURS MUST BE ARRANGED THROUGH THE LISTING BROKER.
Listing provided by A1 West Commercial Real Estate
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