Commercial Development - 1 Acre Land - 200' Frontage on Colorado Blvd

Address: 2030 E Colorado Blvd, Pasadena, California 91107
Price: $5,950,000
Description: A rare opportunity to purchase over an acre land on Colorado Blvd. A commercial and/or development investment opportunity consisting of an existing ±10,877 square feet, auto dealership, auto repair shop and showroom retail store, with a development potential on ±47,500 square feet of corner land, with 200 feet frontage on Colorado Blvd. Located in Pasadena, California, the property offers developers and investors the unique opportunity to acquire an exceptionally located, great visibility that is ideal for development of hotel, shopping center, office building, medical, apartments, mixed use and most commercial uses. 2030 East Colorado Boulevard is only five blocks from Pasadena City College, one mile from Downtown Pasadena and two miles from Old Town. Property to be delivered vacant at close of escrow.
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