35-37 E Walnut St Bureau | 1 197 m²

The subject property is an approximately 17,205 square foot completely renovated creative office/retail/production space building located in prime Old Town Pasadena. The property is currently leased to Samy's Camera (35 percent) and other small tenants occupy office space on the property. The building has photography stages and darkrooms. There is a professional kitchen and the entire building has been renovated to beautiful modern standards. There is private parking for 23 cars with 23 more parking spaces available through leasehold rights with adjacent property.

The building is in a prime location in the Old Town Pasadena area and is within walking distance to all the shopping, restaurants, and entertainment available on Colorado Street.

The property is ideally suited for an owner-user, investor or developer. Additionally, the current owner has plans drawn for a 45,000-square foot Medical Office building he intended to build on the site. Seller has agreed to pass plans onto a new investor. No investigations have been made with the city and investor should conduct their own investigations in regards to the possible development.

In addition, the W hotel has a proposed development for the northwest corner of North Fair Oaks and Walnut Streets. The development would consists of a six-story mixed use project which includes a 220 room hotel, 122 unit condo and 18,000 square feet of Retail. The Conditional Use Permit (CUP) has been approved and the project is currently in design review with the city.