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NewLuxury

$4,299,000

11,753 sqft$366/sqft9 days on market

1235 S Garfield Avenue

Alhambra, CA 91801

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

11,753

Square feet

1989

Built

Listing narrative

Description

1235 S Garfield Ave offers an approximately 7,525 SF, two-story commercial office building on an approximately 11,752 SF lot in Alhambra. Built in 1989 and most recently operated as a New Omni Bank branch, the property features prominent frontage and signage visibility along S Garfield Ave. The distinctive stucco and granite-tile building features a red parapet and arched entry canopy. The interior includes 10 private offices plus an executive suite, large and small conference rooms, reception area, existing bank vault/safe, three restrooms, breakroom, high ceilings and elevator access. Parking includes 29 on-site spaces, consisting of 14 gated underground spaces and 15 surface spaces, plus 17 city-provided spaces. Flexible Six-Suite Potential: Plans have been prepared to divide the building into six suites, including two ground-floor suites of approximately 1,592 SF and 1,700 SF and four second-floor suites ranging from approximately 614 SF to 674 SF. This potential configuration may appeal to an owner-user seeking to occupy a portion of the building while leasing the remaining space, or a business requiring a larger office headquarters. The proposed division and intended uses are subject to independent verification of plans, permits, zoning, building requirements and applicable approvals. The property's existing layout, parking and potential multi-suite configuration offer flexibility for a variety of professional office, financial services, medical or other permitted commercial uses. Buyer to independently investigate and verify all property information, square footage, zoning, permitted uses, suite configurations, parking and suitability for Buyer's intended use.

Listing agent (MLS): Simon Asef · Listing brokerage (MLS): D.M.C. Real Estate Co.

Property Details

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Price

$4,299,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Office

Home Size

11,753 sqft

Baths

Baths n/a

Lot Size

0.27 acres

Year

1989

Status

New

Days on Market

9

$ / Sqft

$366

· 8% down, 7% APR, 30yr fixed
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Courtesy of D.M.C. Real Estate Co.