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Conventional Restaurant with Fixtures
For Sale
$85,000

1251 N Lake Ave, Pasadena, CA 91104

Restaurant space in a shopping center with fixtures and equipment included.

Property Size1,000 SF
Price / SF$85
Days on Market45

Property Features for 1251 N Lake Ave

General Information

Standard status Active
Size 1,000 SF
Property subtype Business Opportunity

Additional Details

Equipment Included Yes

Building Details

Year Built 1987
Listing Agency: High Ten Partners, Inc.
Listed By: EMILIO CAMPOS · License #01437426
Source: Myfabuloushome
Added: Jul 19 Changed: Aug 28 Last Checked: Aug 31 at 6:37PM

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 High Ten Partners, Inc.

Investment Insights

Based on property information with market context.

This conventional restaurant property includes fixtures and equipment, providing an existing physical setup for restaurant operations. The building was constructed in 1987.

The property is located at 1251 N Lake Ave in Pasadena, California, within a shopping center on a high-traffic street. On-site parking is also available.

Key Highlights

  • Fixtures and equipment included
  • Located within a shopping center
  • Situated on a high‑traffic street

Property Analytics

Current Use

Salsa Picante Pasadena Restaurant

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Grocery & Convenience Store Skin Care Clinic Big Box & Wholesale 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

997
Businesses Nearby
173k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 58% Groceries 26% Shops & Services 14% Electronics 2%
Food 4 Less Groceries
44,551 visits/mo 0.1 miles
Chick-fil-A Dining
38,230 visits/mo 0.5 miles
McDonald's Dining
37,457 visits/mo 0.5 miles
ARCO Shops & Services
16,388 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
11,291 visits/mo 0.4 miles

Demographics for 91104, CA

34,707
Population
14,381
Households
2.4
Avg Household Size
42
Median Age
51%
College-Educated
88%
High-School Grad
3.8 sq mi
ZIP Area
9,133
Density / Sq Mi
$103,052
Median Household Income
$53,827
Median Earnings
$2,040
Median Rent
$1,022,600
Median Home Value

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?
Conventional restaurant - Restaurant space in a shopping center with fixtures and equipment included.
Where is this conventional restaurant located?
The property is located at 1251 N Lake Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Fixtures and equipment included; Located within a shopping center; Situated on a high‑traffic street
More about this property
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