Lane K Aronson - Commercial Real Estate Showcase

Lane K Aronson Property Listings
Sales Associate
Berkshire Hathaway HomesServices California
1714 Hillhurst Ave
Los Angeles, CA 90027-4419

1479 E Broadway

Glendale, CA 91205-1558 - Glendale Submarket

Property Type:Specialty Sub Type:Religious Facility Status:Existing , Renov 1983 Year Built:1967
Stories:2 Typical Floor:10,129 SF Building Size:20,259 SF
For Sale Price:$6,500,000 Price/SF:$320.85
Cap Rate:-
Parking:36 Surface spaces are available; Ratio of 1.78/1,000 SF
20,259 SF is available to occupy upon purchase.

Property Description: Church

Sale Notes:
Extremely rare opportunity to purchase an amazing religious facility/church in a wonderful, prime Glendale location. One block from the intersection of Harvey and Broadway, just off of the 2 and 134 freeways. May also be ideal, per approvals from the City of Glendale, for a school, daycare facility, or a development site (apartment complex, condos/towhhomes, senior/adult assisted living, etc. check with the City). The lot is over 51,000 sq. ft, zoned Glendale R2250 with a street frontage of approximately 208 feet. Over 20,200 sq. ft. of building, featuring a newer stained glass accented Sanctuary currently seating about 250 congregants, with potential for 300+ seating. The original Sanctuary, over 4,000 sq. ft., may have seated 600-700 is now being used as the fellowship hall and gymnasium. There are 11-12 large class rooms, 3 private offices, 7 restrooms, kitchen facilities, nursery area and parking for at least 45 cars. Lots of public parking about a block away. Constructed in 1967 and 1983. A Montessori School is currently leasing approximately 1,500 sq. ft. at $4,500 per month. Lease expires at the end of 2018.

Berkshire Hathaway HomesServices California
Lane K Aronson
(323) 671-1233

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