211 E Main Street

    Alhambra, CA 91801
    • $3,500,000
    • STATUS: Active
    • ON SITE: 260 days
    • ID#: AR18069988
    UPDATED: 25 min ago
    $3,500,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,000
      SQFT
    • $500
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Superb location in downtown Alhambra! Conveniently located next to Ross, Edwards Theater, across the street from Burlington, Alhambra Place and many other restaurants, banks, and shops. Current business used as kitchen ware and general retail store, 7,000 SF building. Newly remodeled, good for owner user or as an investment property. It has it+GGs own parking in the rear plus it is located right next to the ?Alhambra ?city parking structure. Super convenient to park your car and shop nearby. There is a? bonus ?3,000 SF mezzanine space not included in the building structure?, ?useful for extra storage space or as an office .

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T10:28:21.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/82063317

    211 E Main Street Alhambra, CA 91801

    • Price: $3,500,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: AR18069988
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    7,000
    SQFT
    $500
    $/SQFT
    1929
    Built
    Neighborhood:
    601 - Alhambra
    County:
    Los Angeles
    Area:
    601 - Alhambra
    Property Description
    Superb location in downtown Alhambra! Conveniently located next to Ross, Edwards Theater, across the street from Burlington, Alhambra Place and many other restaurants, banks, and shops. Current business used as kitchen ware and general retail store, 7,000 SF building. Newly remodeled, good for owner user or as an investment property. It has it+GGs own parking in the rear plus it is located right next to the ?Alhambra ?city parking structure. Super convenient to park your car and shop nearby. There is a? bonus ?3,000 SF mezzanine space not included in the building structure?, ?useful for extra storage space or as an office .
    Exterior Features

    Construction Materials Stucco Lot Features Lot 6500-9999 Lot Size Dimensions 50X188 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Roof Composition

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Status Existing Business Type CommercialConvenience StoreGroceryRetailSingle-Tenant Cap Rate 4.38 Country Us Current Use Comments Retail Store Building Effective Gross 203700 Expense Year 2018 Gross Scheduled Income 210000.00 Insurance Expense 3000.00 Investment Property YN Yes Land Use Retail Laundry Income 0.00 Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 153350.00 Number Of Units Leased 1 Occupancy Occupied Operating Expense 6600.00 Property Sub Type Office Real Estate Tax Expense 43750.00 Special Listing Conditions Standard Tax Annual Amount 43750.00 Tax Rate 1.25 Tax Year 2018 Total Expenses 6600.00 Trash Expense 1800.00 Utilities Electricity AvailableWater Available Vacancy Allowance 6300 Vacancy Allowance Rate 3.00 Water Sewer Expense 1800.00 Water Source Public

    Listing provided courtesy of Amy Wang of Coldwell Banker George Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T10:28:21.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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