Located along the high-visibility corridor of Lake Avenue, this 9,000 square foot parcel presents a rare opportunity for investors, developers, or owner-users to reimagine a high-demand commercial site in the heart of Altadena. Formerly home to a freestanding office building lost in the recent Eaton Canyon fires, the property offers a clean slate with valuable C3 commercial zoningpermitting a broad range of potential uses including retail, office, service-based businesses, and mixed-use development with residential above. Additionally, high density opportunities are also available for developers who are adept to navigating the entitlement landscape. Despite the fire damage to neighboring structures, this area is poised for revitalization, offering the chance to be among the first to shape the new commercial landscape of North Lake Avenue. The location benefits from a strong daytime population, steady commuter traffic, and close proximity to the foothills and trailheads that make Altadena a unique and desirable community. With utilities already on site and existing curb cuts in place, the parcel is ready for a visionary new project.
Located along the high-visibility corridor of Lake Avenue, this 9,000 square foot parcel presents a rare opportunity for investors, developers, or owner-users to reimagine a high-demand commercial site in the heart of Altadena. Formerly home to a freestanding office building lost in the recent Eaton Canyon fires, the property offers a clean slate with valuable C3 commercial zoningpermitting a broad range of potential uses including retail, office, service-based businesses, and mixed-use development with residential above. Additionally, high density opportunities are also available for developers who are adept to navigating the entitlement landscape. Despite the fire damage to neighboring structures, this area is poised for revitalization, offering the chance to be among the first to shape the new commercial landscape of North Lake Avenue. The location benefits from a strong daytime population, steady commuter traffic, and close proximity to the foothills and trailheads that make Altadena a unique and desirable community. With utilities already on site and existing curb cuts in place, the parcel is ready for a visionary new project.