2101 W Olive Ave - Warehouse FOR SALE


Burbank, CA 91506- Chandler Park
$3,950,000 USD
323-333-4014
2101 W Olive Ave, Burbank, CA for Sale
$3,950,000 USD
Warehouse - FOR SALE
1/29
null | Request Cap Rate

2101 W Olive Ave
Burbank, CA 91506
Chandler Park


HIGHLIGHTS

  • 15,359 Sq. Ft. Land Parcel w/Redevelopment Potential
  • Located Between Burbank Media and Rancho Districts
  • Incredible Demographics - $140K+ Household Income in 1 Mi. Radius
  • True Office/Flex Building w/Yard & Parking
  • Creative Office Conversion Potential
  • Within 1/2 Mile of Proposed Metro BRT Station

OVERVIEW

Owner/User or Redevelopment Opportunity in the Heart of Burbank Situated Between the Media and Rancho Districts, this freestanding 11,521 SF building is ideal for a Creative Office Conversion or possible SB 79 Redevelopment Project*. Currently occupying a 15,359 SF lot, the building is configured as an Industrial Flex Building with 2,400 SF dedicated warehouse space, 3 loading doors, 3 large bullpen/storage areas, 17 private offices, 8 restrooms, conference room, kitchenette, and full air conditioning. Located at the NW corner of Olive Ave + Keystone St, 5 Blocks east of Buena Vista St, the area demographics – boasting $140,000+ annual household income, more than justify the site’s redevelopment potential. *Buyer to Verify any Specific Use or Proposed Redevelopment Project with the City of Burbank

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Freestanding, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.35

LAND SF

15,359

ZONING

BUC2*

APN/PARCEL ID

2444-007-004

ASK ABOUT THIS PROPERTY

Paul HermanThe Herman CompanyMore Info
323-333-4014

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

Paul HermanThe Herman CompanyMore Info
323-333-4014

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