416-418 E Colorado St - Office FOR SALE


Glendale, CA 91205- Mariposa
$4,895,000 USD
818-355-0380
416-418 E Colorado St, Glendale, CA for Sale
$4,895,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

416-418 E Colorado St
Glendale, CA 91205
Mariposa


HIGHLIGHTS

  • Exceptional Investment Opportunity - Zoned for Commercial and Residential
  • Ideal for Owner User
  • Redevelopment Potential - Prime Glendale Business District close to the Americana at Brand
  • 15 On-site parking spaces
  • High traffic location and excellent freeway access to the 5 and 134

OVERVIEW

Prime Glendale Commercial Property with Redevelopment Potential - Exceptional investment opportunity in the heart of Glendale! This versatile commercial property features a one-story front building and a two-story rear building, offering a combined 6,000 approx. sq. ft. of space on a 12,000 approx. sq. ft. lot. Ideally suited for medical offices, professional spaces, or mixed-use development, the property is located just minutes from The Americana at Brand, Glendale Galleria, and the Glendale Business District ensuring high visibility and foot traffic. Key highlights include: 15 on-site parking spaces including one for handicap for convenience, Solar panels for energy efficiency, Zoning allows for residential-commercial mixed-use redevelopment, Rear building renovated in 2014 for modern functionality

FOR SALE DETAILS

PRICE

$4,895,000 USD

PRICE/SF

$816 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,441 SF

ZONING

Downtown Specific Plan-EB

APN/PARCEL ID

5641-004-005,5641-004-006

ASK ABOUT THIS PROPERTY

Anna IsbirianColdwell Banker Hallmark RealtyMore Info
818-355-0380

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Anna IsbirianColdwell Banker Hallmark RealtyMore Info
818-355-0380

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