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Commercial Land with Retail Building
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1150 E Colorado Blvd, Pasadena, CA 91106

Two adjoining parcels combine a small retail structure with surface parking and access from both Colorado Boulevard and Michigan Avenue.

Property SizeContact for details
Days on Market10

Property Features for 1150 E Colorado Blvd

General Information

Standard status Active
Property subtype Retail, Land
Listing Agency: Coldwell Banker Commercial NRT Pasadena
Listed By: Bill Ukropina · License #CA
Source: Crexi
Added: Sep 16 Changed: Sep 24 Last Checked: Sep 24 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial NRT Pasadena

Investment Insights

Based on property information with market context.

The L-shaped commercial land assemblage consists of two adjoining parcels totaling approximately 18,637 square feet, or 0.43 acres. Improvements include an approximately 944-square-foot retail building along Colorado Boulevard and a surface parking area.

The property has ingress and egress from both S. Michigan Avenue and E. Colorado Boulevard. S. Lake Avenue, Pasadena City College, and the California Institute of Technology are within a short walk.

Key Highlights

  • Two adjoining parcels total approximately 18,637 square feet (0.43 acres)
  • L‑shaped assemblage with an approximately 944 SF retail building
  • Surface parking area with ingress and egress from S. Michigan Avenue and E. Colorado Boulevard

Property Analytics

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Current Use

Bestway Rent A Car Car Rental Facility

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Restaurant Clothing & Fashion Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,582
Businesses Nearby
645k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 24% Dining 23% Superstores 22% Groceries 18%
Target Superstores
139,271 visits/mo 0.4 miles
Macy's Apparel
60,723 visits/mo 0.5 miles
Total Wine & More Groceries
58,318 visits/mo 0.4 miles
Ralphs Groceries
57,296 visits/mo 0.4 miles
Michaels Shops & Services
43,666 visits/mo 0.1 miles

Demographics for 91106, CA

24,172
Population
11,809
Households
2
Avg Household Size
38
Median Age
63%
College-Educated
94%
High-School Grad
2.7 sq mi
ZIP Area
8,953
Density / Sq Mi
$89,213
Median Household Income
$59,700
Median Earnings
$2,096
Median Rent
$966,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two adjoining parcels combine a small retail structure with surface parking and access from both Colorado Boulevard and Michigan Avenue.
Where is this commercial land located?
The property is located at 1150 E Colorado Blvd Pasadena, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Two adjoining parcels total approximately 18,637 square feet (0.43 acres); L‑shaped assemblage with an approximately 944 SF retail building; Surface parking area with ingress and egress from S. Michigan Avenue and E. Colorado Boulevard
(626) 844-2200 Call to check price and availability
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