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    31 Main St Alhambra, CA 91801

    Sponsored
    For Lease
    $15 SF/Yr ($13,250 /Mo)

    Prime Alhambra location, two spaces available.

    Lot size:
    10,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 37-41 E Main St, Alhambra, CA 91801, offers a unique investment opportunity. The building, constructed in 1923, boasts a total of 10,600 square feet situated on a 0.12-acre lot. The property is zoned ALCBD/DRD* and features a multi-tenant configuration. Currently, two spaces are available for lease. The ground floor comprises approximately 5,000 square feet of retail space, complete with one bathroom. The second floor offers an additional 5,300 square feet, ideally suited for office use, and includes ten individual offices and five bathrooms. This versatile space is perfect for a variety of businesses seeking a prominent Alhambra location. Convenient city parking is readily available in the lot behind Main Street and Stoneman Avenue, as well as in the city parking structure behind Main Street and Chapel Avenue. The property's address is cross-listed as 31-47 E Main St, and its Los Angeles County APN is 5337-024-008. This prime location offers excellent visibility and accessibility, making it an attractive proposition for discerning investors and businesses alike. Don't miss this chance to secure a piece of Alhambra's vibrant commercial landscape.

    Property Features for 31 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,600 SF
    Total Rate
    13250

    Building Details

    Year Built
    1923

    Unit(s) available at that property

    Space
    Retail/Entertainment Space
    Size
    5,300 SF
    Rate per SF
    $15
    Space
    2nd Floor
    Size
    5,300 SF
    Rate per SF
    $18

    HighLights

    • Convenient bus line access.
    • High‑traffic location near Edwards Movie Theater and Alhambra Place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Baja Cali Fish ... Seafood Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alhambra
    County
    Los Angeles
    State
    California
    Longitude
    -118.12615964604
    Latitude
    34.095562230742

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    FAQs

    What type of property is this?
    Individual retail property - Prime Alhambra location, two spaces available.
    Where is this individual retail property located?
    The property is located at 31 Main St Alhambra, CA.
    What is the lease rate?
    The lease rate is $15-$18 SF/Yr.
    What are key features of this property?
    This property features: Convenient bus line access.; High-traffic location near Edwards Movie Theater and Alhambra Place.;
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    31 Main St Alhambra, CA 91801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31 Main St Alhambra, CA 91801
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