50 S De Lacey Ave, Pasadena, CA

Retail for Sale - $11,000,000 - 24,544 Sq. Ft.


Agent Info

Robert Ip
Coldwell Banker Realty

Property Info

CIMLS#1174211
Location
  50 S De Lacey Ave
  Pasadena CA 91105
UpdatedApril 11th, 2025
TypeRetail
Price$11,000,000
Building24,544 Sq. Ft.

Property Description

PRIME CORNER OFFICE & RETAIL SPACE IN THE HEART OF OLD PASADENA

An exceptional opportunity to own a high-visibility, mixed-use retail and office building in the heart of Old Pasadena, one of Southern California’s most vibrant and walkable commercial districts. Whether it’s a café, a service-based business, or a larger user that wants to combine suites, this building is flexible in use. This ±24,544 SF corner property offers strong in-place income from established tenants and multiple vacant suites ideal for lease-up or owner-user repositioning. Located just steps from premium restaurants, national retailers, and historic architecture, the property benefits from high foot traffic, robust demographics, and excellent freeway access. With zoning flexibility (PSC-) and value-add upside, this is a rare chance to invest in a generational location.

PROPERTY HIGHLIGHTS

- Premier Corner Location in Old Pasadena

- ±24,544 SF Building on a Highly Visible Parcel

- Mixed-Use Configuration: Office & Retail

- Multiple Vacant Units – Value-Add Leasing Potential

- Lush Walkable Area Near Top Dining, Shops, & Entertainment

- Zoning: PSC- (Pasadena Specific Commercial)

- Year Built: 1955


Financials