Glendale, CA 91203,324 N Orange Street
Glendale, CA 91203,324 N Orange Street,Video Tour
Listed by Arthur Ambarchyan • National Properties
Bought with Alyson Richards • Compass
$4,975,000
Est. payment /mo
Est.Price: ?

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13,300 SqFt
SOLD DATE : 05/19/2023

Key Details

Sold Price $4,975,000

Property Type Commercial Sale

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 13,300 sqft

Price per Sqft $374

MLS Listing ID CRGD22132142

Year Built 1964

Lot Size 7,786 Sqft

Property Sub-Type Retail

Property Description

Available for Sale is this landmark property located in Glendale’s Downtown Specific Plan (Mid-Orange). The building is ideal for an investor, developer, or owner/ user looking to acquire an asset in Downtown Glendale with limitless potential and phenomenal location. This property currently hosts an in-the-round stage with 380 up close seats, where no seat is more than 9 rows away from the performers and contains over 13,300 rentable square feet on two floors. Whether utilized for the performing arts or corporate meetings, this extraordinary feature is a unicorn. Take advantage of the vibrant growing Glendale market, parking benefits, and repurpose to a wide array of uses such as venue rentals, dinner theater, academic venue, private club, restaurant, entertainment, office, banquet hall, and more. The property is zoned GLC3 and has credits for 370 parking spaces (28.6/1000) with its current use as a theater. This property is in the Mid-Orange district where arts-oriented uses such as galleries and stage theaters are encouraged as well as low-rise mixed-use development. The property can be further developed as follows: Without the community benefit - 15,572 sqft mixed use at 65 ft in height or with the community benefit - 23,358 sqft at 95 ft in height. Property is 100% vacant a

Location

State CA

County Los Angeles

Interior

Heating Forced Air, Other

Cooling Central Air

Building

Water Public

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent | DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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