1000 Fremont Ave - Loft/Creative Space FOR SALE


South Pasadena, CA 91030
$5,400,000 USD
626-676-4230
1000 Fremont Ave, South Pasadena, CA for Sale
$5,400,000 USD
Loft/Creative Space - FOR SALE
1/7
null | 7.14% Cap Rate

1000 Fremont Ave
South Pasadena, CA 91030


OVERVIEW

The Fremont Center Theatre & Office Building Built in 1925, this once in a generation investment pride of ownership opportunity has a long-storied past, first as a mortuary and then repurposed for what felt like were it’s roots as a live performing arts theater space. The well established (22) office, retail, and service tenants on 2 floors are anchored by an interior beautiful courtyard and an absolute “best of” restaurant with Fiore Café and their magnificent outdoor garden space. The Fremont Center Theatre & Office Building (cherished by the existing beloved operators and other legends who called it home including Ray Bradbury) is an absolute irreplaceable trophy asset in the heart of historic South Pasadena. Large long term leased parking lot comes with the sale.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

7.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fremont Center Theatre & Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,761 SF

ZONING

SPC1

APN/PARCEL ID

5315-003-028

ASK ABOUT THIS PROPERTY

Andrew BerkAvison YoungMore Info
626-676-4230

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Andrew BerkAvison YoungMore Info
626-676-4230

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.