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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Rent
MLS Listing ID P1-22249
HOA Y/N No
Year Built 1949
Property Sub-Type Mixed Use
Property Description
The property is improved with two structures. The first structure is a 2-story house with an attached 2 car garage comprised of a living room (office), kitchen, bathroom, laundry area and classroom on the ground floor and 2 bedrooms and a bathroom on the second floor. The second structure is a single-story classroom with a bathroom. While the rear yard area is utilized as a playground. The property has been continuously operated as a Pre-School for over 50 years and the existing preschool is licensed for 34 students. The current lease expires on August 31, 2025.The asking rent is $8,000/Mo. NNN (approximately $2.96/SF) for the first three years and $8,500/Mo. NNN for years 4 and 5.The property is located just one lot south of Foothill Blvd. in the affluent community of La Canada Flintridge. The designation as Mixed Use 2 allows for various property uses including Pre-Schools. This is an excellent opportunity for another Pre-School to lease space already designed and operated as a Pre-School to either expand their existing business or start a new Pre-School. Lease to commence after August 31, 2025.Property is on Septic System.
Location
State CA
County Other
Area 634 - La Canada Flintridge
Zoning LCF-DVSP Mixed Use 2
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected
Building
Water Public
Others
Tax ID 5814028002
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Listed by Donald Hinton • Engel & Voelkers La Canada