618 Thompson Ave - Warehouse FOR SALE


Glendale, CA 91201- Grand Central
$2,100,000 USD
818-418-8984
618 Thompson Ave, Glendale, CA for Sale
$2,100,000 USD
Warehouse - FOR SALE
1/18
null | Request Cap Rate

NEW


618 Thompson Ave
Glendale, CA 91201
Grand Central


OVERVIEW

618 Thompson Avenue presents a rare opportunity to acquire a versatile industrial property in one of Glendale's most desirable industrial corridors. Exclusively offered by MIG Commercial Real Estate Services and Stevenson Real Estate Services, the property is well suited for an owner-user seeking a functional headquarters or an investor looking for a flexible multi-tenant asset. The property is situated within Glendale's IND zoning designation, allowing for a variety of industrial and related commercial uses, subject to buyer verification with the City of Glendale. Originally constructed in 1981, the building features masonry/block construction, providing the durability and functionality sought after by industrial users. According to the Los Angeles County Assessor, the building contains 3,561 square feet. However, the seller has building plans indicating the property contains approximately ±4,600 square feet, including the mezzanine and office improvements. Buyers are encouraged to independently verify all square footage. The building is currently configured into four individual industrial suites, each featuring its own 9' x 9' grade-level loading door, private ADA-compliant restroom, dedicated HVAC system, and separate 100-amp electrical service. The existing demising walls can be removed or reconfigured, allowing the building to accommodate larger contiguous spaces or remain as four independent suites. Significant capital improvements include a new roof and four dedicated 2.5-ton HVAC units, both installed in 2012. Skylights throughout the building provide abundant natural light, further enhancing the functionality of the space. Whether acquired for immediate occupancy or as a long-term investment, 618 Thompson Avenue offers a flexible industrial building with IND zoning, durable masonry construction, adaptable floor plans, and multiple occupancy options in one of Glendale's most established industrial locations. DISCLAIMER No guarantee, warranty, or representation of any kind is made regarding the accuracy of descriptions or measurements. Buyer and Buyer's Agent are advised to conduct their own due diligence and independently verify all aspects of the property, including but not limited to square footage, property condition, measurements, zoning, building configuration, and components. Buyer shall also be responsible for verifying that their intended business use is permitted and approved by all applicable governmental agencies and authorities, including zoning, use, occupancy, and any required permits or licenses. Certain images included in this LoopNet listing are AI-generated renderings and are intended solely to illustrate potential improvements or conceptual representations. They may not accurately depict the property's current condition.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding - Industrial Zone

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Showroom, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13

LAND SF

5,737

ZONING

IND (Industrial) Zone

APN/PARCEL ID

5624-026-001

ASK ABOUT THIS PROPERTY

Alex MatevosianMIG Commercial Real Estate Services, INCMore Info
818-418-8984

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Alex MatevosianMIG Commercial Real Estate Services, INCMore Info
818-418-8984

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