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Downtown Glendale Development Opportunity 206-210 W Colorado St Terrain 0,28 ha À vendre Glendale, CA 91204
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Premier downtown Glendale location steps from Americana & Galleria—two of SoCal’s top retail & entertainment hubs.
- Zoned DSP/Transitional (GLC3 & GLR4YY)—flexible for multifamily, hotel, retail, medical, or mixed-use projects.
- Access to I-5, 210/134, and Hwy 2 with 627,000+ combined VPD—linking to greater L.A. and major employment centers.
- Rare 3-parcel assemblage totaling 29,750 SF of land with 6,032 SF of improvements—ideal for redevelopment.
- Positioned caddy corner to Colorado & Central with 61,862 VPD and near Brand Blvd with 35,486 VPD—maximum traffic & visibility.
- Draws from 589,000+ residents in Glendale, Burbank & Pasadena with $114K avg. household income in a 5-mile radius.
RÉSUMÉ ANALYTIQUE
The Ovaness-Rostamian & McDermott Group of Marcus & Millichap is proud to present a rare and exceptional opportunity to acquire The Edge on Colorado, a premier generational asset strategically located in the heart of downtown Glendale. Situated at 206 & 210 W Colorado Street and 213 W Elk Avenue, this offering includes a unique assemblage of three contiguous parcels in one of Southern California’s most dynamic and sought-after investment markets.
This prime location is just steps away from the iconic Americana at Brand and Glendale Galleria, two of the region's premier retail and entertainment destinations. The properties offered total 6,032 square feet of existing improvements, set on 29,750 square feet of land, providing ample opportunity for redevelopment.
The site is zoned DSP/Transitional District (GLC3 & GLR4YY), allowing for a range of potential uses, including multifamily, hospitality, retail, medical, or a combination thereof. The City of Glendale is currently experiencing significant growth in the residential sector, with over 5,000 luxury apartment units either recently completed or under construction. This surge in development has contributed to Glendale's status as one of the top markets for multi-family rents in the San Fernando Valley.
The Edge on Colorado boasts unparalleled visibility and access, positioned at the intersection of Colorado Street and Central Avenue, which sees a combined traffic count of over 61,862 vehicles per day. It is also located just off Brand Boulevard, a major thoroughfare with 35,486 vehicles passing daily. This makes it one of the most highly trafficked and retail-centric areas in the region.
Additionally, the property draws from the densely populated Tri-Cities area of Glendale, Burbank, and Pasadena, home to more than 589,000 residents with an average annual household income exceeding $114,000 within a five-mile radius.
With its prime location, strong demographics, and flexible zoning, The Edge on Colorado presents an exceptional opportunity for investors looking to capitalize on one of Southern California's most thriving markets.
INFORMATIONS SUR L’IMMEUBLE
1 LOT DISPONIBLE
Lot
| Surface du lot | 0,28 ha |
| Surface du lot | 0,28 ha |
The properties offered total 6,032 square feet of existing improvements, set on 29,750 square feet of land and site is zoned DSP/Transitional District (GLC3 & GLR4YY), allowing for a range of uses.
DESCRIPTION
The properties offered total 6,032 square feet of existing improvements, set on 29,750 square feet of land, providing ample opportunity for redevelopment. The site is zoned DSP/Transitional District (GLC3 & GLR4YY), allowing for a range of potential uses, including multifamily, hospitality, retail, medical, or a combination thereof.
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 462 476 € | |
| Évaluation du terrain | 1 815 163 € | Évaluation totale | 2 277 638 € |
TAXES FONCIÈRES
CONTACTS
-
Ara Rostamian -
Lonnie McDermott -
Orbell Ovaness -
Aren Ohanian -
Marcus & Millichap
Présenté par
Downtown Glendale Development Opportunity | 206-210 W Colorado St
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