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SHOVEL READY, HOTEL, PLAZA, MULTIFAMILY 1365 E Colorado Blvd

26,398 SF Vacant Retail Building Pasadena, CA 91106 For Sale

Investment Highlights

  • Apartment unit mix will consist of 2 Unit 0 BR/1BA, each approx. 406 - 495 SF, 39 Unit 1BR/1BA, each approx. 537-739 SF, and 8 unit 2BR/1BA, each 878
  • Total Parking spaces for both North and South Buildings equal to 1,174 parking spaces.
  • The guest-room mix will be 198 Single King, 100 Double Queen, 69 Double queen suite, 4 Corner Queen Suite, 4 Corner King Suite (375 Total).
  • The retail component will contain 38,775 rentable SF.
  • The subject hotel will be housed in 8 story building.

Executive Summary

Introducing an extraordinary addition to Pasadena’s illustrious Colorado Boulevard skyline: a newly entitled, five-star, full-service hotel development, project is ready to issue permits (RTI). This distinguished project occupies a coveted position on the iconic Colorado Boulevard, setting the stage for a landmark destination catering to discerning travelers and residents. Redefining luxury living, the development showcases 49 meticulously designed residential condominiums, each a sanctuary of comfort, elegance, and sophistication. Thoughtfully curated interiors offer panoramic vistas of Pasadena’s dynamic cityscape, enhanced by premium amenities and personalized services that epitomize refined living. Beyond its residential allure, the development presents a prime opportunity for retail establishments aspiring to secure a prestigious foothold in Pasadena’s vibrant commercial landscape. With prime storefront locations along Colorado Boulevard, retailers are poised to capitalize on unparalleled visibility and foot traffic, ensuring a thriving business environment. This visionary project establishes a new benchmark for luxury hospitality and residential excellence in Pasadena, offering an unmatched fusion of world-class amenities, contemporary design, and unparalleled convenience. Seize the opportunity to become a part of this iconic development, destined to set a new standard for luxury living and commerce in the heart of Pasadena’s cultural and commercial nexus.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
26,398 SF
Building Class
C
Year Built
1930
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.21
Lot Size
2.91 AC
Zoning
PSC - planned development
Parking
18 Spaces
Frontage
193 ft on North Hill Avenue

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 26,398 SF
  • Retail
  • -
  • Now

This distinguished project occupies a coveted position on the iconic Colorado Boulevard, setting the stage for a landmark destination catering to discerning travelers and residents.

Space Size Space Use Position Available
1st Floor 26,398 SF Retail - Now

1st Floor

Size
26,398 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 26,398 SF
Space Use Retail
Position -
Available Now

This distinguished project occupies a coveted position on the iconic Colorado Boulevard, setting the stage for a landmark destination catering to discerning travelers and residents.

Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Yoshinoya
Starbucks
The Dog Haus
Dream Dinners
Lee's Sandwiches
Coco's Bakery
TD Ameritrade
Orangetheory Fitness
Bank of America
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5738-009-054
  • 5738-009-052
  • 5738-009-031
  • 5738-009-073
  • 5738-009-074
Land Assessment
$20,050,399 CAD
Improvements Assessment
$195,061 CAD
Total Assessment
$20,245,460 CAD
  • Listing ID: 31783964

  • Date on Market: 2024-05-13

  • Last Updated:

  • Address: 1365 E Colorado Blvd, Pasadena, CA 91106

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