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Property profile & analytics
OFF-MARKET
Mixed-use properties

609 Azusa Ave Azusa, CA 91702

7,043 SF 0.16 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Mixed-use properties
Total area 7,043 SF
Lot 0.16 ac (6,970 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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