215 N Central Ave
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215 N Central Ave
4,790 SF Retail Building Glendale, CA 91203 $4,500,000 ($939/SF)
Investment Highlights
- Excellent owner user opportunity. Ideal for Medical office, Med Spa or Restaurant use.
- e Property benefits from its proximity to abundant and thoughtfully curated retail amenities of Downtown Glendale Corner Location.
- Flexible zoning allows for the property to be converted to Medical Use.
- Excellent street signage exposure.Excellent regional access central to the I-5 (Golden State), SR-2 (Glendale), SR-134 (Ventura), and I-210 (Foothill)
Executive Summary
A retail building, previously used as a restaurant, centrally located in downtown Glendale and walking distance to The Americana at Brand, the Glendale Galleria, and a variety of unique shops, and some of Southern California’s best restaurants and bars.
The property consists of 4,790 SF building on approximately 6,077 F of land. Parcel frontage spans 50 ft along Central Ave. The building interior space is suitable for a variety of professional uses. There is abundant parking at the rear of the property providing a potential for a medical conversion (parking requirement for medical office in the Glendale Downtown Specific Plan is 4/1000).
The property consists of 4,790 SF building on approximately 6,077 F of land. Parcel frontage spans 50 ft along Central Ave. The building interior space is suitable for a variety of professional uses. There is abundant parking at the rear of the property providing a potential for a medical conversion (parking requirement for medical office in the Glendale Downtown Specific Plan is 4/1000).
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,790 SF
Building Class
C
Year Built
1950
Price
$4,500,000
Price Per SF
$939
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.46 AC
Zoning
C3, Glendale
Parking
48 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Signalized Intersection
Walk Score ®
Walker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $541,459 | |
| Land Assessment | $2,675,140 | Total Assessment | $3,216,599 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,675,140
Improvements Assessment
$541,459
Total Assessment
$3,216,599
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215 N Central Ave
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