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Listed by Nicholas Borrelli • Coldwell Banker Realty
$ 2,690,000
Est. payment /mo
Active Under Contract
Sierra Madre, CA 91024
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID AR-25188433
Year Built 1933
Property Sub-Type Retail
Property Description
Rare opportunity to acquire a multi-tenant commercial property in the center of Kersting Court, Sierra Madre's primary retail and dining district. The property offers strong street frontage and exposure, and is currently occupied by two established tenants, Emmi's and Village Pizza, both with long-term community presence. One of only two properties in Kersting Court with on-site parking, providing convenience for customers and tenants. Recent city improvements, including expanded public parking and upgraded walkways, have increased accessibility to the area. An additional parcel in the rear, currently used for parking, offers potential for future value-add opportunities. The property presents stable income with the potential for rent growth and redevelopment options.
Location
State CA
County Los Angeles
Area 656 - Sierra Madre
Interior
Laundry None
Building
Lot Description Walkstreet
