1411 W Olive Ave
Burbank, CA 91506
Burbank Medical Office · Office Property For Sale

1411 W. Olive Avenue offers an excellent opportunity for an owner/user or investor to acquire a commercial storefront in a prime location within the City of Burbank, California. With 5,612 building square feet on a 10,902 square foot lot, 1411 Olive has a combined five commercial rental units plus two storage rooms. The property has two on-site parking areas with a combined nine parking spaces (including one handicapped). The current owner occupies three of the five units and will vacate at the close of escrow. Two tenants occupy the remaining units and both leases are month-to-month. 1411 Olive is zoned “C-2”, which allows for a wide array of retail, office, or medical uses. The property is currently occupied by medical tenants, which offers a valueable opportunity for a new Medical owner/user since the city approval has been “grandfathered” in. Situated on the heavily trafficked Olive Avenue near the intersection with Verdugo Blvd., 1411 Olive has excellent street frontage with visibility to a traffic count of 24,820 vehicles per day. Major retailers including Chase Bank, Starbucks, McDonald’s, and CVS are located nearby.