1612 Magnolia Blvd - Storefront FOR SALE


Burbank, CA 91506
$2,395,000 USD
855-525-7654
1612 Magnolia Blvd, Burbank, CA for Sale
$2,395,000 USD
Storefront - FOR SALE
1/23
null | Request Cap Rate

1612 Magnolia Blvd
Burbank, CA 91506


HIGHLIGHTS

  • Beautiful, Safe and Walkable Magnolia Park Neighborhood
  • Rare Single Tenant 2,000 Sq. Ft. Commercial Storefront
  • Custom Features & Premium Amenities
  • Golf Simulator Included (~$100K value)
  • Close to 5 & 134 Freeways and Downtown Burbank Metrolink Station
  • Business Friendly City w/No Gross Receipts Tax

OVERVIEW

Located in the heart of Burbank’s vibrant retail corridor, 1612 Magnolia Blvd offers 2000 SF of fully renovated, high-end retail or office space with unmatched flexibility. This unique property is ideal for owner-users and businesses seeking a turn-key space with both functional and entertaining features. With 66 feet of street frontage on one of Burbank's busiest thoroughfares, your business will enjoy prime visibility and easy access to major roads and public transit. The space has been custom-designed with top-tier finishes, including built-in cabinetry, a stylish bar, epoxy flooring, and advanced technology that accommodates a high-end business environment. A standout feature is the $100K golf simulator, which comes with the property and offers an unparalleled entertainment option for client engagement or employee recreation. The space has been custom-designed with top-tier finishes, including built-in cabinetry, a stylish bar, epoxy flooring, and advanced technology that accommodates a high-end business environment. A standout feature is the $100K golf simulator, which comes with the property and offers an unparalleled entertainment option for client engagement or employee recreation.

FOR SALE DETAILS

PRICE

$2,395,000 USD

PRICE/SF

$1,198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,749 SF

ZONING

BUC3YY

APN/PARCEL ID

2446-015-005

ASK ABOUT THIS PROPERTY

David NalbandyanLA Premier RealtyMore Info
855-525-7654

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David NalbandyanLA Premier RealtyMore Info
855-525-7654

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.