1509 W Magnolia Blvd
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1509 W Magnolia Blvd
2,180 SF Vacant Retail Building Burbank, CA 91506 £1,449,105 (£665/SF)
Investment Highlights
- No City Income Tax , No Gross Sales Receipts
- Free-standing office building by downtown Burbank on Magnolia Blvd, located in heart of Burbank
- Owner User Opportunity , SBA Financing with as little as 10% down
- Prime Burbank Location
- Rear Private Parking Available
- Bonus Storage Space
Executive Summary
Discover a rare and exceptional commercial real estate opportunity in the heart of Burbank on the bustling and highly visible Magnolia Blvd. This building features two versatile commercial units perfect for retail or office use, with endless potential to accommodate a variety of business needs. One unit is tenant occupied until 12/31/2024. Next door unit is vacant. Both to be delivered vacant. Situated on a high-traffic street known for its vibrant mix of businesses, this property ensures maximum exposure and foot traffic. Both units offer flexible layouts that can be easily adapted, large display windows for excellent street frontage, and convenient on-site and street parking. There are 9 parking spaces and one disabled parking space available for use. Located in a dynamic community with a thriving local economy, this prime commercial property is easily accessible from major freeways and public transportation. Whether you're looking to expand your current business, open a new retail store, or establish a professional office, these units offer the perfect foundation for success. Contact us for a showing today!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,180 SF
Building Class
C
Year Built
1951
Price
£1,449,105
Price Per SF
£665
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.42
Lot Size
0.12 AC
Zoning
BUC3YY
Parking
9 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
44 ft on Magnolia
Amenities
- Bus Route
- Signage
- Signalised Intersection
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Fidella Newborn Photography
- -
- 1,090 SF
- -
- Dec 2024
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Fidella Newborn Photography | - | 1,090 SF | - | Dec 2024 |
Walk Score ®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2449-027-013 | Improvements Assessment | £63,241 |
| Land Assessment | £373,751 | Total Assessment | £436,992 |
PROPERTY TAXES
Parcel Number
2449-027-013
Land Assessment
£373,751
Improvements Assessment
£63,241
Total Assessment
£436,992
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1509 W Magnolia Blvd
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