505 S Atlantic Boulevard, Alhambra, California 91801

$1,250,000

Property Type

Commercial Sale

Building Size

2,823 sqft

City

Alhambra

Status

Active

LOCATION!! LOCATION!! A fully leased strip center located at a busy signal controlled corner of two major thoroughfares, Atlantic Blvd/Mission Road, in the growing City of Alhambra, with daily traffic of more than 48,000 cars per day. This center features 3 retail units, plus a garage/storage space for approx. 2,800 SF with actual annual income of $76,200. According to City Planning Division, there's no minimum parking requirement for businesses of this center. This rare to find property is great for investment and owner user. Seller has completed environmental phase 1 & 11 report, and CASp inspection. Don't miss the opportunity to own this great turn key investment. Seller reserves the right for a 1031 Tax deferred exchange with No cost to buyer.