Prime Pasadena Office Opportunity – Rare Small Building with Dedicated Parking

Investment Overview

Discover a rare owner-user or investment opportunity at 106 Palmetto Drive, a 2,286 SF single-story masonry office building in Pasadena’s highly desirable 91105 corridor. Situated on a functional 5,610 SF rectangular lot with six on-site parking spaces (2.62/1,000 SF), the property offers immediate usability with meaningful upside through modernization or repositioning. Zoned SFO-CF (South Fair Oaks Commercial Flex), the site supports a broad mix of uses including office, medical, retail, service-oriented businesses, and residential or mixed-use redevelopment (subject to conditions), providing both operational flexibility and long-term optionality. The zoning’s allowance for higher-density residential and a 45-foot height limit further enhances its future redevelopment potential. Ideal for owner-users seeking control of their space or investors targeting a versatile infill asset, the property benefits from close proximity to Old Town Pasadena, major medical institutions, and key transit corridors. Small, well-located buildings with parking and flexible zoning remain in short supply—positioning this asset as a compelling acquisition in a tightening Pasadena market.

Investment Highlights

• 2,286 SF Single-Story Masonry Office Building – Beautiful office building ideal for a professional owner-user.
• 6 Dedicated On-Site Parking Spaces
• Rectangular 5,610 SF Lot – Flexible layout with room for potential enhancements or future value-add.
• Built 1970 – Solid bones; opportunity for cosmetic updates to modernize and personalize to meet a users unique taste and layout.
• SFO-CF (South Fair Oaks Commercial Flex) Zoning –Allows a wide range of uses including office, medical, retail, personal services, and mixed-use residential, making it ideal for owner-users or repositioning.
• Prime 91105 Location – Close to amenities, transit, and vibrant neighborhoods.