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$ 5,168,000
Est. payment | /mo
0.71 Acres Lot
$ 5,168,000
Est. payment | /mo
0.71 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25520057
HOA Y/N No
Year Built 1949
Lot Size 0.707 Acres
Property Description
200-222 E FOOTHILL BLVD spans four parcels totaling 30,817 square feet, offering a unique investment opportunity with both income-generating assets and significant development potential. The property includes Don Ricardo's, a well-established restaurant occupying 3,645 square feet, known for its authentic cuisine and full liquor and entertainment licenses. Its loyal customer base and high visibility along Foothill Blvd ensure consistent income, making it a reliable tenant with a strong NNN lease in place. In addition to the restaurant, the property features a 6,508-square-foot medical office building, currently with available leasing opportunities. Given the strong demand for healthcare services in the area, the flexible layout of the building is ideal for medical practices or professional services. This makes the property a fantastic owner-user opportunity for those looking to occupy the medical building while benefiting from the steady income generated by the restaurant tenant. Ample parking is provided, enhancing convenience for both the restaurant and office tenants, further increasing the property's appeal. The property is zoned General Commercial, offering numerous possibilities for future development, including office, retail, and even drive-thru establishments. This flexible zoning allows for a variety of redevelopment options, making it an attractive prospect for developers looking to capitalize on Arcadia's growth and demand for commercial space. Situated along one of Arcadia's busiest streets, the property benefits from high visibility and easy access to major freeways, shopping centers, and top-rated schools. Surrounded by a mix of residential, retail, and medical offices, the location offers both convenience and vibrancy. With four separate parcels, the property provides flexibility for phased development or various configurations, enhancing its potential for investors and developers looking to tap into the dynamic Arcadia market
Location
State CA
County Los Angeles
Area 605 - Arcadia
Zoning ARC2YY
Interior
Fireplace No
Exterior
Total Parking Spaces 35
Building
Story 1
Others
Tax ID 5772016014
Special Listing Condition Standard
Listed by Tim Steuernol • NAI Capital Commercial Inc.