Freestanding Restaurant with
For Sale
Contact for pricing
46 North Lake Avenue, Pasadena, CA 91103
Restaurant property with enclosed and outdoor patio areas, surface parking, NNN tenancy, and transit-oriented development zoning.
Property SizeContact for details
Days on Market145
Property Features for 46 North Lake Avenue
General Information
Standard status
Active
Property subtype
Hospitality, Land
Listing Agency:
NAI Capital - Pasadena
(626) 204-1527
Listed By:
Guillermo Olaiz · License #CA Broker # 01778986
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 10:00PM
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 NAI Capital - Pasadena
Investment Insights
Based on property information with market context.
This restaurant property comprises three parcels totaling 11,943 square feet, or 0.274 acres, with a 1,640-square-foot building, a 440-square-foot enclosed patio, and an additional exterior patio area. Originally built in 1930, the improvements were renovated and expanded in 1978. The site includes 23 adjacent surface parking spaces and has a 14% site coverage ratio. Frontage includes 40 feet along N. Lake Avenue, 45 feet on Boston Court, and a shared ownership interest in a parcel with 19 feet along Market Alley.
Positioned at the northeast corner of E. Colorado Blvd. and N. Lake Ave. in Pasadena’s Central Business District, the property is surrounded by more than 3,000,000 square feet of Class “A” office buildings. The site has a Walk Score of 94 and is 0.3 miles from the Lake Station Metro Gold Line stop. CD-5/AD-2 zoning places the property within Pasadena’s central district, with a 3.00-to-1 FAR supporting approximately 35,829 square feet of commercial development, a maximum height of 75 feet, and up to 90 feet through height averaging. The property is also within a TOD area with potential for reduced parking requirements.
Positioned at the northeast corner of E. Colorado Blvd. and N. Lake Ave. in Pasadena’s Central Business District, the property is surrounded by more than 3,000,000 square feet of Class “A” office buildings. The site has a Walk Score of 94 and is 0.3 miles from the Lake Station Metro Gold Line stop. CD-5/AD-2 zoning places the property within Pasadena’s central district, with a 3.00-to-1 FAR supporting approximately 35,829 square feet of commercial development, a maximum height of 75 feet, and up to 90 feet through height averaging. The property is also within a TOD area with potential for reduced parking requirements.
Key Highlights
- 11,943‑square‑foot site comprising three parcels, or 0.274 AC
- 1,640‑square‑foot restaurant with 440‑square‑foot enclosed patio and additional exterior patio
- 23 adjacent surface parking spaces and 14% site coverage ratio
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,111
Businesses Nearby
530k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 28%
Superstores 26%
Groceries 22%
Dining 20%
Target
Superstores
139,271 visits/mo
0.2 miles
Total Wine & More
Groceries
58,318 visits/mo
0.3 miles
Ralphs
Groceries
57,296 visits/mo
0.1 miles
Michaels
Shops & Services
43,666 visits/mo
0.3 miles
McDonald's
Dining
26,642 visits/mo
0.5 miles
Demographics for 91103, CA
26,887
Population
9,392
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
5,845
Density / Sq Mi
$84,683
Median Household Income
$43,591
Median Earnings
$1,925
Median Rent
$960,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with enclosed and outdoor patio areas, surface parking, NNN tenancy, and transit-oriented development zoning.
Where is this conventional restaurant located?
The property is located at 46 North Lake Avenue Pasadena, CA.
What are key features of this property?
This property features: 11,943‑square‑foot site comprising three parcels, or 0.274 AC; 1,640‑square‑foot restaurant with 440‑square‑foot enclosed patio and additional exterior patio; 23 adjacent surface parking spaces and 14% site coverage ratio
