433-503 S Palm, Alhambra

433 S Palm Ave, Alhambra

433 S Palm Ave, Alhambra

Sold:

$2,850,000

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Property Details

Alex Matevosian at MIG Commercial Real Estate Services has been exclusively retained for the portfolio sale of 433-503 S Palm Ave in the city of Alhambra. These two adjoining parcels are perfect for both Owner Users & Investors alike. Situated in the heart of Alhambra, they offer unbeatable convenience with easy access to major transportation arteries like the 10 & 710 freeways, and are in close proximity to Downtown and the ports of Los Angeles.

S Palm Ave thrives in a bustling commercial district of Alhambra, surrounded by a diverse array of businesses including Costco & Target, shops, restaurants, and services. With ample street parking and a wide, clean street, operating here is a breeze.

Qualified business owners can seize the opportunity to take advantage of SBA Financing.

Ownership is seeking to sell both properties concurrently to a single prospective buyer.

433 S Palm Ave boasts a 6,118 square foot freestanding industrial building on approximately 10,000 square feet of land. Featuring an open floor plan with minimal office space, it is ideally suited for manufacturing use with a 3 phase 600 amp electrical service. The property also comes with a reception area and 3 private offices. Additionally, it offers the convenience of a dock high loading in the rear of the building. This private, gated, and secured property is available for $1,700,000.00.

503 S Palm Ave presents a 4,400 square foot freestanding industrial masonry building on approximately 10,000 square feet of land. This building also offers minimal office space, 13.5 foot warehouse clearance height, and an open floor plan making it perfect for manufacturing and warehousing uses. With a three-phase electrical service and three total loading doors (2) dock high loading doors in the rear and (1) ground level loading door in the front), this property offers versatility and convenience. Additionally it also offers 13.5 foot building clearance. This private, gated and secured property is available for $1,600,000.00

Ideal for the following uses: Warehousing, Manufacturing, Wholesaling, Construction & Materials Yard, Food & Beverage Manufacturing, Light Assembly, R&D Facilities/Uses

Don’t miss out on the opportunity to own and operate your business from these two adjoining parcels in the heart of Alhambra.

Please note, there is no guarantee, warranty, or representation of any kind regarding the accuracy of descriptions or measurements. Buyer & Buyer’s Agents are advised to conduct their own due diligence and independently verify square footage, property condition, measurements, zoning, building configuration, and components.

Alex -

Property Information

Property Type

Industrial

Lot Size

19,976 SF

Asking Price

$3,250,000

Parcel 

5342-014-001 & 5342-014-002

Zoning

Industrial

Building Size

10,518 SF

Year Built 

1956

Sale Type

N/A

Use Code

Industrial

Price / SF (Building)

$308

Property Location