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For Sale

$4,250,000

321 331 W Sierra Madre Boulevard
Sierra Madre, CA 91024

Sqft 7,838 sqft
Free-standing Building in the heart of Sierra Madre! Originally Crystal Farms Market. This property is approximately 7,838 square feet with an additional basement area of 1,368 square feet not included in the square footage. Located on the corner of Sierra Madre and Lima with excellent visibility. The main floor is approximately 6,940 SF with a large reception and waiting area, small and large conference rooms, large open work area that is currently split into desk pods for an architectural firm. There are also 2 private offices, breakroom with kitchen, two restrooms on the ground floor and a supply room. The second floor is approximately 898 square feet and has a large office and two restrooms. Exposed brick along East and West walls circa 1922, skylights and windows provide excellent natural light throughout the space. The property enjoys two addresses and has two electrical panels providing good potential to split into two units. Great for SBA to occupy 51% of the property and lease out the remainder for income! A bonus basement area has 1,368 square feet not included in the square footage. Ample on site parking that can be reconfigured to be more efficient and add additional spaces. The property is zoned commercial use which allows medical, retail, office, R&D, Flex, and many other accessory uses. Please see attached Zoning Use List from the city.This property has excellent natural light with skylights throughout as well as window lined front and east facing windows. Restored exposed brick circa 1922 gives warmth with an industrial edge. The open layout allows flexibility for many uses. Located in the same block along with Bank of America, Nano Cafe, City Hall, Police Department, The Kensington assisted living facility and Memorial Park. Nestled between Arcadia and Pasadena along the Foothills with excellent access by freeway, Foothill Blvd or Sierra Madre Blvd as thoroughfares. Read More

Market Status
Available
Last Updated
September 25, 2021

Property Type
Commercial Property
Year Built
1922
Stories
2
MLS Area
656 - Sierra Madre
Lot Size
Corner Lot

Local Market Conditions

There are currently 19 properties for sale in the Sierra Madre, CA area with the average listing price of $1,651,053. This represents a decrease of -4.4% over the previous week. The 4 bedroom homes saw the largest decrease in the average listing price over the previous week with a -4.3% decrease. To learn more about the Sierra Madre, CA area, contact a local expert!

Market Snapshot for Sierra Madre, CA

Avg. Listing Price

$1,651,053

Wk ending Sep 25

$-75,599

-4.4%

w-o-w

19

3

3

1

Average Listing Price for Sierra Madre, CA
No. BedroomsNo. Beds Week Ending
(Sep 25)
w-o-w Week Ending
(Sep 4)
Week Ending
(Aug 28)
Week Ending
(Aug 21)
All PropertiesAll $1,651,053 -4.4% $1,726,652 $1,523,115 $1,490,666
1 bedroom1 BR $1,898,000 +171.9% $698,000 $698,000 $698,000
2 bedrooms2 BR - +0.0% $863,000 $850,750 $850,750
3 bedrooms3 BR $1,280,250 +11.9% $1,143,833 $1,133,333 $1,118,750
4 bedrooms4 BR $1,835,857 -4.3% $1,917,429 $1,987,500 $2,226,000

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Listing Provided By:

Linda Vidov

Top Commercial Realty, Inc

Phone
This $4,250,000 Commercial Property at 321 331 W Sierra Madre Boulevard in Sierra Madre, CA is presented by Linda Vidov. This $4,250,000 Commercial Property, located in the 91024 zip code, has the following property features: Lot Size, MLS Area. This 321 331 W Sierra Madre Boulevard Commercial Property is listed under MLS listing number AR21156022 and has a listing price of $4,250,000. You can find more Sierra Madre homes for sale here.

Data Provided by California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. (CRMLS) and is protected by all applicable Copyright 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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