Description
Capitalize on this rare investment opportunity for a retail store property with high visibility and great signage exposure! Located in the prestigious “The Shops at Mission Village” - a unique shopping and dining district of Old Mill neighborhood in San Marino. Strong performance in the local residential real estate market makes this property a value-added investment opportunity for small owner-users seeking a business operation or generation of rental income.
Constructed in 1945, this one-story retail property sits on a 2,853 square-foot lot. It features a storefront for general merchandise retail with SOC1* zoning and offers outstanding odds for continuing its current function as a retail store with endless potential. The lot measures 30 ft. by 95 ft. and comprises 428 square feet per profile for the indoor leasable area. With a covered outdoor space and concrete flooring backyard, it benefits from more usable outdoor area. The current tenant, "Simply Fresh," is a lovely gift shop that has been operating for over 22 years.
The future owner will delight in this ideally-positioned retail store near significant venues such as the Huntington Library and Lacy Park, as well as award-winning schools and local amenities offering every living convenience. Many other retail stores dot the nearby area , like a variety of dining establishments (e.g., Julienne Fine Foods, San Marino Cafe & Marketplace, Apsara Coffee, and PIZZANISTA), fashion & lifestyle shopping retails (e.g., Single Stone Jewelry, Laykin et Cie, David Orgell Jewelry, Serafina Boutique, P.M. Jacoy Menswear, Heatherbloom, A Place To Bead, IN ITS TIME, Zero Degrees Celsiu, Johnny Was, and Huddleson) other essential services (e.g., Starr House The Salon, Mark Taylor Salon, Soak Nail Bar, The Cub House, Sun Cleaners, San Marino Music Center, Snap Fitness. Hemp Hill Farms, Area Rug Cleaning, Hollis Home and Garden), and some personal care and services among others. The property also provides convenient access to the 110 and 210 freeways.
Location
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Listing Agent: Jerry Sun Courtesy of: RE/MAX Premier Properties The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 21st March, 2023 8:10 AM (UTC)
