19 S Garfield Ave Local commercial 650 m² 100 % Loué À vendre Alhambra, CA 91801 3 012 849 € (4 632,86 €/m²) Taux de capitalisation 6,92 %

19 S. Garfield Avenue is a 7,000 SF, two-story mixed-use asset located in the heart of Downtown Alhambra, directly across from Alhambra Place Mall and steps from the signalized intersection of Main Street and South Garfield Avenue. THE SELLER WILL DELIVER THE +-2,300 SF GROUND-FLOOR ANCHOR RESTAURANT SPACE VACANT AT CLOSE, GIVING A RESTAURANT OPERATOR A TURN-KEY, FULL BUILT-OUT COMMERCIAL KITCHEN IN ONE OF THE SAN GABRIEL VALLEY'S HIGHEST-TRAFFIC CORRIDORS, with income from the remaining tenants helping offset occupancy costs.
For investors, the 7,000 SF two-story building is 100% leased and offered at $3,499,000, with below-market rents, short-term and month-to-month leases, and near-term rollovers that provide a clear path to pro forma NOI growth. Major capital improvements are complete, including a new roof (January 2025) with a 20-year warranty and four of six HVAC units replaced in the past five years. With strong visibility, individual utility metering, elevator access, and a Walk Score of 97, the property works equally well for an owner-user restaurant operator or an investor seeking durable income and long-term appreciation.