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$ 1,089,000
Est. payment /mo
New
17 Kersting CT Sierra Madre, CA 91024
1,864 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25111046
HOA Y/N No
Year Built 1922
Lot Size 1,864 Sqft
Property Sub-Type Retail
Property Description
We are pleased to present 17 Kersting Court, Sierra Madre, CA – a rare generational opportunity to acquire a prime asset in the heart of the city's iconic Kersting Court. This highly coveted location serves as the gateway to Sierra Madre's charming retail and dining district, attracting steady foot traffic throughout the day and evening. Known for its small-town character and vibrant atmosphere, Kersting Court is a central gathering place for residents and visitors alike. The property benefits from recent enhancements to the surrounding area, including improved public parking, making it an increasingly attractive destination for local events and daily commerce. Notably, the City of Sierra Madre's Rose Parade float is proudly showcased directly in front of this location— further cementing its status as a beloved community landmark. With current leases below market rates and expiration terms approaching, this offering provides a strategic value-add opportunity. Investors can unlock immediate upside potential through lease renegotiations or repositioning strategies. Property Highlights: • Premier location in historic Kersting Court • High pedestrian visibility and traffic • Strong local tenant base with long-standing community presence • Recent area improvements enhancing appeal and accessibility • Value-add opportunity with under-market rents and near-term lease expirations. Seize this unique opportunity to own a legacy property in one of San Gabriel Valley's most charming and tightly held communities.
Location
State CA
County Los Angeles
Area 656 - Sierra Madre
Zoning SRC1CC*
Interior
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 5767018009
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange
Special Listing Condition Trust
Listed by Joseph Chiovare • Coldwell Banker Realty • 626-945-2236