23-27 N Mentor Ave

Lee & Associates – Pasadena is proud to present 23 - 27 N. Mentor Avenue in Pasadena, CA a multi-tenant retail and office property situated in the heart of Pasadena’s Playhouse Village. The ±5,760 SF two story building is comprised of three suites on a ±5,373 SF parcel. Originally designed and built in 1925 by W.C. Zirtzman, the property represents a wonderful architectural gem of the early twentieth century. The ground floor retail suites are currently occupied by a thriving bridal shop (month to month lease) and a photography studio (lease terminates 11/30/2024). The upstairs suite is currently vacant and can service a variety of uses due to its creative, open floor plan along with private offices and a conference room. The property is individually metered for electricity and there are fourteen tandem parking spaces in the rear.
Pasadena’s Playhouse Village is a vibrant and culturally rich neighborhood nestled in the heart of Pasadena, California. Known for its historic charm and artistic ambiance, the area revolves around the iconic Pasadena Playhouse, a historic theater that has been a cornerstone of the community since 1917. The area surrounding the Playhouse is a delightful blend of quaint streets, lined with unique shops, trendy boutiques, diverse dining options and an abundance of newly developed mixed use residential projects. The area exudes a creative energy, attracting artists, performers, and art enthusiasts alike. With its tree-lined sidewalks and vintage architecture, Playhouse Village provides a unique and immersive experience for Village residents, locals and visitors, offering a perfect blend of entertainment, shopping, and culinary delights in a setting that celebrates the city’s rich cultural heritage.
The property’s location also benefits from easy access to I-210 and Metro’s A Line Lake Avenue stop is a seven-minute walk. Not to mention, the property is directly across the street from the world famous Ice House comedy club; and one can walk across Colorado Blvd to relax for a cocktail at the Comet Club bar in the renowned Pasadena Hotel.
The offering presents an ideal owner-user opportunity to acquire a beautifully constructed vintage property in Pasadena’s Central Business District and determine if they wish to continue to derive income from the downstairs retail spaces or occupy them.