43 E Main St, Alhambra, CA

Retail for Sale - $5,150,000 - 20,920 Sq. Ft.


Agent Info

Robert Ip
Coldwell Banker Realty

Property Info

CIMLS#1158295
Location
  43 E Main St
  Alhambra CA 91801
UpdatedApril 26th, 2024
TypeRetail
Price$5,150,000
Building20,920 Sq. Ft.

Property Description

No better place to be than on Main Street. In this case for 43 E Main Street, no better place to be than on Main Street and Garfield. Available for sale is a great opportunity to own a building near the busiest intersection in Alhambra. Across the street from Alhambra Place, next to Alhambra Renaissance Theaters and located in downtown Alhambra, this is a prime location.

Renovated in 2018, this building preserves the original façade but with modern upgrades in the electrical, plumbing, fire/life/safety and HVAC systems. The building consists of a functional basement area, first floor, mezzanine and second floor areas. The basement is functional and can be used for a variety of purposes. The first floor has high ceilings and great natural light that can be used for a variety of purposes given the zoning. The second floor features great natural light. The building is elevator served through all the floors.

This building is perfect for an owner-user to take advantage of the upcoming first floor vacancy and occupy more than 50% of the building and potentially take advantage of any SBA financing. Alternatively, an investor can take advantage and add value to this building by re-tenanting the building and raising rents.


Financials



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