Listed by Artur Ambarachyan, National Properties,

324 N Orange Street

Glendale, CA, 91203

$4,999,900

$375 per ft²
$4,999,900
$375 per ft²
Pending
Pending
 - For Sale
carpenters-square
13,300 ft²
property_type
Commercial
calendar
Built 1964
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 and available! We strongly suggest all interested parties inquire directly with the City of Glendale about change of use, parking, and other restrictions.
MLS® ID:
GD22132142
Listed:
6/16/22
Updated:
10/7/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Inside
Cooling
Central Air
Heating
Central, Forced Air

Exterior/Building Features

Lot Size
7,786 ft² lot
Lot Details
0-1 Unit/Acre

Other Property Details

Area Name
628 - Glendale-South of 134 Fwy
Garage
No
Parking
N
View
N
County
Los Angeles
Utilities
Electricity Connected, Sewer Connected
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
8/19/22
Pending
-
-

 

Courtesy of National Properties, Artur Ambarachyan,
Listing Contact:  

Based on information from California Regional Multiple Listing Service, Inc. as of 10/7/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:01 PM UTC, 10/7/22

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