609 Azusa Ave Azusa, CA 91702
This exceptional 7,043 square foot mixed-use property presents a remarkable development opportunity in the heart of Azusa's historic downtown. Boasting 50 feet of prime street frontage on busy North Azusa Avenue, this flat, graded lot is ideally situated adjacent to thriving dining and shopping establishments. While the existing grading ends at the rear sidewalk, the buildable pad extends into an existing parking lot, totaling 7,043 square feet. This allows for a substantial three-story development, yielding a potential 21,000 square feet of usable space. All essential services—gas, water, sewer, and electric—are readily available. The property's strategic location directly across Azusa Avenue from "The Orchard," a 30,000 square foot mixed-use development, underscores its high potential. Further enhancing its appeal is its proximity to the Azusa Metro Gold Line station (two blocks away) and Historic Route 66 (half a block south). Convenient access to the 210 Foothill Freeway and Azusa Pacific College adds to its desirability. The City of Azusa actively encourages private investment in its historic downtown, streamlining the approval process for development proposals aligned with the master plan. This centrally located parcel represents one of the last remaining privately owned opportunities in this revitalized area. The property is priced at $798,000. All information is deemed reliable but not guaranteed
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.