For more information regarding the value of a property, please contact us for a free consultation.
321 331 W Sierra Madre BLVD Sierra Madre, CA 91024
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,750,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR21156022
Year Built 1922
Lot Size 0.564 Acres
Property Description
Substantial Price Reduction!! Free-standing Building in the heart of Sierra Madre! Originally Crystal Farms Market. This property is approximately 7,838 square feet with an additional basement area of 1,368 square feet not included in the square footage. Located on the corner of Sierra Madre and Lima with excellent visibility. The main floor is approximately 6,940 SF with a large reception and waiting area, small and large conference rooms, large open work area that is currently split into desk pods for an architectural firm. There are also 2 private offices, breakroom with kitchen, two restrooms on the ground floor and a supply room. The second floor is approximately 898 square feet and has a large office and two restrooms. Exposed brick along East and West walls circa 1922, skylights and windows provide excellent natural light throughout the space. The property enjoys two addresses and has two electrical panels providing good potential to split into two units. It has excess parking on a small lot across the private alley. Great for SBA to occupy 51% of the property and lease out the remainder for income! A bonus basement area has 1,368 square feet not included in the square footage. Ample on site parking that can be reconfigured to be more efficient and add additional spaces. The property is zoned commercial use which allows medical, retail, office, R&D, Flex, and many other accessory uses. Please see attached Zoning Use List from the city.
This property has excellent natural light with skylights throughout as well as window lined front and east facing windows. Restored exposed brick circa 1922 gives warmth with an industrial edge. The open layout allows flexibility for many uses. Located in the same block along with Bank of America, Nano Cafe, City Hall, Police Department, The Kensington assisted living facility and Memorial Park. Nestled between Arcadia and Pasadena along the Foothills with excellent access by freeway, Foothill Blvd or Sierra Madre Blvd as thoroughfares.
Location
State CA
County Los Angeles
Area 656 - Sierra Madre
Zoning Commercial
Interior
Laundry None
Building
Lot Description Corner Lot, Near Public Transit
Story 2
Water Public
Others
Special Listing Condition Standard
Read Less
Bought with General NONMEMBER • NONMEMBER MRML