Sold

324 N Orange Street

Glendale CA, 91203

$4,975,000


$374.06 per sqft

Sold

13,300 sqft

Commercial

Built in 1964

Listed by Artur Ambarachyan with National Properties 818-230-3228

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.

GD22132142

MLS ID

June 17, 2022

Listed

March 23, 2024

Updated

Map

324 N Orange Street
Glendale CA, 91203

Interior Features

Laundry Description

Inside


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

0-1 Unit/Acre

Other Property Details

Area Name

628 - Glendale-South of 134 Fwy


Days on Market

101


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

5/20/2023

Price Change

$4,975,000

-1%

5/20/2023

Sold

$4,975,000

Listing Contact: 818-230-3228 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:23 AM UTC

 

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