Retail Space - For Sale
125 North Raymond Avenue, 129 Pasadena, CA 91103
Details & Description
Price: $6,500,000
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 0.701
  • Building Sq Ft 11,120
  • Building Price per Sq Ft $584.53
  • Land Sq Ft 30,542
  • Land Price per Sq Ft $212.82
Originally constructed in 1921 as a live music venue, The Raymond Theatre is comprised of approximately 11,120 square feet of ground floor commercial space; this one of a kind property is available for sale or lease and features dramatic high ceilings, a restored entry and foyer, new restroom facilities, six (6) dedicated HVAC units, loading access in the back, fifty (50) Zoning Parking Space credits, and a complete restoration of the historical façade in 2009; zoned CD-1 Central District Specific Plan, the property offers the flexibility of many different potential uses. Located in the heart of Old Pasadena across the street from Memorial Park and Pasadena Pavilion for the Performing Arts, the property benefits from high density pedestrian and automotive traffic with approximately 7,000,000 square feet of commercial real estate and 5,000 apartment units within a half-mile radius; adding to that density, one block away are 400 apartment units and approximately 250,000 square feet of office and retail space under construction at 100 West Walnut Street (former Parsons location); the property benefits from strong demographics and has convenient access to the Memorial Park Metro Gold Line, Pasadena City Hall and world-class dining, entertainment and cultural venues.
Listing Agents
Patrick Long

O: 818-956-7001
M: 818-535-9833
patrickl@stevensonrealestate.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

125 North Raymond Avenue, 129

Pasadena, CA 91103

Listing ID: 281127
$6,500,000
For Sale
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 0.701
  • Building Sq Ft 11,120
  • Building Price per Sq Ft $584.53
  • Land Sq Ft 30,542
  • Land Price per Sq Ft $212.82
  • 125 North Raymond Avenue, 129 Pasadena, CA 91103 | for Sale | Photo 1
  • 125 North Raymond Avenue, 129 Pasadena, CA 91103 | for Sale | Photo 2
  • 125 North Raymond Avenue, 129 Pasadena, CA 91103 | for Sale | Photo 3
125 North Raymond Avenue, 129 | for Sale | Thumbnail 1
125 North Raymond Avenue, 129 | for Sale | Thumbnail 2
125 North Raymond Avenue, 129 | for Sale | Thumbnail 3
Description

Originally constructed in 1921 as a live music venue, The Raymond Theatre is comprised of approximately 11,120 square feet of ground floor commercial space; this one of a kind property is available for sale or lease and features dramatic high ceilings, a restored entry and foyer, new restroom facilities, six (6) dedicated HVAC units, loading access in the back, fifty (50) Zoning Parking Space credits, and a complete restoration of the historical façade in 2009; zoned CD-1 Central District Specific Plan, the property offers the flexibility of many different potential uses. Located in the heart of Old Pasadena across the street from Memorial Park and Pasadena Pavilion for the Performing Arts, the property benefits from high density pedestrian and automotive traffic with approximately 7,000,000 square feet of commercial real estate and 5,000 apartment units within a half-mile radius; adding to that density, one block away are 400 apartment units and approximately 250,000 square feet of office and retail space under construction at 100 West Walnut Street (former Parsons location); the property benefits from strong demographics and has convenient access to the Memorial Park Metro Gold Line, Pasadena City Hall and world-class dining, entertainment and cultural venues.

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Los Angeles History of Retail Space for Sale

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Pasadena Area Market Trends

Listing Demographics for 125 North Raymond Avenue, 129 Pasadena, CA 91103

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population35,753195,097509,355
Population Median Age384040
Population by Age0-9 Yrs3575 (9%)22342 (11%)56611 (11%)
10-19 Yrs2928 (8%)19203 (9%)52026 (10%)
20-29 Yrs7174 (20%)28109 (14%)71461 (14%)
30-39 Yrs6929 (19%)30477 (15%)76310 (14%)
40-49 Yrs4656 (13%)27907 (14%)72404 (14%)
50-59 Yrs3929 (10%)24973 (12%)68833 (13%)
60-69 Yrs3293 (9%)20971 (10%)55367 (10%)
70+ Yrs3269 (9%)21114 (10%)56344 (11%)
Median HH Income$70,460$84,788$81,745
Total Household Income< 24K3877 (25%)12849 (17%)30023 (16%)
25-49K2121 (13%)9919 (13%)27923 (15%)
50-74K2145 (13%)10548 (14%)26589 (14%)
75-99K1986 (12%)9063 (12%)21582 (11%)
100-199K3761 (24%)20034 (27%)48126 (26%)
200K+1562 (10%)11317 (15%)26474 (14%)
Highest Education LevelNo Diploma37511713951209
Diploma or GED30101992961370
Some College41322330461713
Assoc. Degree1758924925588
Bachelors Degree705839112100376
Higher Degree68303417671029
Total Housing Units17,85281,462196,578
--Owner-Occupied3,02632,69988,847
--Renter-Occupied12,42541,03191,869
Owner-Occupied Values< 100K213271260
100-199K10263740
200-299K823191231
300-399K32414474108
400-499K47424017262
500K+21152794274247
Total Working Age Population30,439161,109421,576
In Work Force20,209106,387274,345
Not In Work Force10,23054,722147,231
Workforce Employed19,449101,636260,534
Workforce Unemployed7524,73613,665
Civlian Workforce20,201106,372274,198
Military Workforce815147
Total Households15,45173,730180,717
Family Households6,95943,672118,070
Non-Family Households8,49230,05862,647
Married Couple5,00132,00684,969
Other Family1,95811,66533,100
Married w/Child1,81912,84834,090
Single Male w/Child2291,5113,751
Single Female w/Child5923,1858,229

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Los Angeles International Airport (LAX) 21
Ontario International Airport (ONT) 32
John Wayne Airport-Orange County Airport (SNA) 36
Listing Agent
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