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Office For Lease • 7,000 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste 119 | Retail | 7,000 SF | Rate Upon Request | |
This is a rare opportunity to acquire a fully operational, high-capacity restaurant and bar in the heart of Old Town Pasadena. Located at the prominent corner of Colorado Boulevard and Arroyo Parkway, the property offers exceptional visibility and direct access from the 110 Freeway. The business includes a city-approved outdoor seating area for up to 80 guests, complementing the maximum indoor occupancy of 367. The venue is equipped with two bars, a large U-shaped bar on the main level and an additional bar upstairs for private events. The interior features a commercial-grade kitchen with a 20-foot hood, three walk-in coolers, a chef’s office, and multiple storage rooms. A VIP or band area, stage, and DJ setup enhance the entertainment experience. The property holds an explicit entertainment license allowing live music and dancing—an asset no longer obtainable in Old Town Pasadena—and a liquor license serving until 1:30 AM. With a proven track record of hosting corporate events, holiday parties, and major sports gatherings, the business has significant revenue potential. Current operations generate approximately half of the $4–5 million annual gross achievable under full capacity. All furniture, fixtures, and equipment (FF&E) are included, making this a turnkey acquisition for an experienced operator or investor seeking a high-profile hospitality asset in a thriving market.
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The property is located at 119 E Colorado Boulevard in Pasadena, California, at the intersection of Colorado Boulevard and Arroyo Parkway. It is positioned at the entrance to Old Town Pasadena and is accessible from the 110 Freeway. The site includes a restaurant and bar operation with city-approved outdoor seating and an entertainment license. The building contains a commercial kitchen, multiple bars, and storage areas. Delivery access is available at the rear of the property, and nearby parking is provided through a paid lot.
| Prime corner location at the entrance to Old Town Pasadena with direct freeway access. |
| Two fully built-out bars, including a large U-shaped bar and an upper bar for private events. |
| City-approved outdoor seating for up to 80 guests across two blocks. |
| Entertainment license permitting live music and dancing, no longer obtainable in this area. |
| Fully equipped commercial kitchen with 20-foot hood, three walk-in coolers, and chef’s office. |
| Liquor license with service until 1:30 AM and strong event-driven revenue potential. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Brent and Fiol, LLP | ||
| Chartwell Escrow | ||
| Dr. Alan Karbelnig | ||
| Evanthe Hair Salon | ||
| KCB Real Estate Management LLC | ||
| Newmark | ||
| Regus | ||
| Reyn Spooner | ||
| Toxicolawgy | ||
| Ventric Health |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 8.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Memorial Park Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 3 min | 0.2 mi |
| Del Mar Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 8 min | 0.3 mi |
| Fillmore Station (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 4 min | 19 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 22 min | - | 15.8 mi |
| Los Angeles International | 35 min | - | 28.2 mi |
| Long Beach (Daugherty Field) | 39 min | - | 32.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |
Rebecca Carr
West Shores Realty