626-260-2232
400 S Atlantic Blvd, Alhambra, CA for Sale
Auto Dealership - FOR SALE
1/13
null | Request Cap Rate

400 S Atlantic Blvd
Alhambra, CA 91801


HIGHLIGHTS

  • Fantastic Opportunity to Purchase a Total of 3.868 Acres with 700'+ of Atlantic Blvd. Street Frontage
  • On the Market for Sale and Lease with Adjacent Property 500 N Atlantic Blvd, which Totals 0.895 Acres
  • Fantastic Residential Mixed Use Development Opportunity
  • Car Dealership Currently Permitted by Right
  • Private Ownership for Decades and First Time on the Market
  • Once in a Generation Opportunity for Sale or Lease

OVERVIEW

Incredible Location in the Heart of the San Gabriel Valley at the intersection of Atlantic Blvd and Mission Blvd. Dealership Portion (400 S Atlantic Blvd - 5 parcels): +2.97 Acres or 129,486 Square Feet Mission Corner (500 Atlantic Blvd - 2 parcels): +0.895 Acres or 38,990 Square Feet The two sites total 3.868 Acres or 168,476 SF of land made up of a total of 7 parcels. The Dealership Portion (400 S Atlantic Blvd.) and the Mission Corner (500 Atlantic Blvd) are separated by Beacon Street. Zoning: Commercial Mixed-Use (CMU). The CMU Zone is intended to provide areas for a broad range of retail and service commercial activities, as well as office and residential uses that support retail and commercial uses. This Zone provides for developments that include a mix of residential and/or office and commercial development or single use commercial or retail development. The CMU Zone implements the General Commercial General Plan land use designation (Please refer to the City’s zoning link below). Maximum Residential Density up to 48 Units per Acre Auto Dealerships are Permitted by Right and located only a mile south of Main Street’s Auto Row, which includes Acura, BMW, Jeep, Honda, Kia, Mazda, Nissan, Tesla, and Toyota. Mazda recently joined Auto Row, received City approval for a temporary dealership, and permits to build a new facility, all within 12 months. Zoning Code Link: https://codelibrary.amlegal.com/codes/alhambra/latest/alhambra_ca/0-0-136031#JD_Chapter23.05 Video Link: https://vimeo.com/flyingrobotproductions/400-s-atlantic Alhambra’s Population is 80,000+ 4 Fire Stations 85 Sworn Police Officers

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ford

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.87 AC

LAND SF

168,577 SF

ZONING

CMU*

APN/PARCEL ID

5334-002-001,5334-002-010,5334-002-012,5334-002-044,5334-002-046

ASK ABOUT THIS PROPERTY

Jim AbbottRealty Advisory Group, Inc.More Info
626-260-2232

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Jim AbbottRealty Advisory Group, Inc.More Info
626-260-2232

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