Retail | Multi Unit 1423-1425 W Burbank Blvd 2,880 SF Retail Building Burbank, CA 91506 $2,894,850 CAD ($1,005.16 CAD/SF)

Property Overview: Located at 1423–1425 W Burbank Blvd, this 2,880 SF commercial property sits on a 5,000 SF lot zoned C-3 (Commercial General Business). The site comprises two units: Santoro’s Submarine Sandwiches occupies one, while the other is a 900 SF office space currently leased on a favorable month-to-month basis. The property benefits from its strategic location near the I-5 freeway, Costco, and the LATERRA Select Burbank mixed-use development, which includes 573 residential units, a 307-room hotel, and retail space approved in 2019. Proximity to major studios such as Warner Bros., Disney, and the Empire Center enhances its appeal. The property qualifies for SBA financing, with the potential to deliver one unit vacant at closing. Recent upgrades include a new 6-inch concrete slab (2022), a roof replacement approximately 15 years ago, and two HVAC units installed in 2003 with regular maintenance.?
Business Overview: Established in 1956, Santoro’s Submarine Sandwiches has been a Burbank staple, renowned for its freshly baked bread, quality meats, and signature spice blend . Operating from 8:30 AM to 8:00 PM, the business has embraced modern delivery platforms like Uber Eats, DoorDash, and ChowNow. With 537 reviews averaging 4.6 stars on Google, it enjoys a loyal customer base. The surrounding area boasts a strong demographic profile, with a $109,000 average household income and $1.4 billion in consumer spending within a 2-mile radius. The sale includes all furniture, fixtures, and equipment, such as grills, refrigerators, POS system, walk-in freezer and refrigerator, hood, stove, commercial-grade sink, slicers, and two floor drains. All necessary business licenses and health permits are current and up to code.?
** Asking Price For The Business: $599,000
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