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.