2317 W Magnolia Blvd 1,375 SF Retail Building Burbank, CA 91506 $1,237,000 ($899.64/SF)

Lee & Associates - LA North, as the exclusive advisor, is pleased to present this rare retail, medical, office building for an owner-user to occupy in the heart of Burbank’s Magnolia Park retail corridor. With zoning that supports retail, service, medical, and professional uses, an owner/user can benefit from the area’s well-established pedestrian traffic. walkable boutique-style retail street, the property aligns with the neighborhood’s curated mix of vintage shops, cafés, and creative service businesses—making it an ideal acquisition for an owner/user or investor seeking character-rich exposure in a strong sub-market.
Fully renovated in 2019, the building offers 1,375 square feet of space on 2,614 SF of land zoned C3. The space can be easily converted for medical or office use. The building features 49 feet of frontage along Magnolia, offering large storefront windows in the front and skylights throughout, offering abundant natural light, a remodeled bathroom, and a kitchen. Dedicated parking lot in the rear of the Building, providing up to 6 dedicated parking spaces and ample unrestricted street parking surrounding the property.
Burbank distinguishes itself as a remarkably welcoming locale for business ownership — one key factor being the absence of a local city income tax and the absence of a gross sales-receipts tax for most business types. This means that as an owner-occupant, you avoid the extra layer of municipal taxes, which often burden businesses in many other California jurisdictions. Instead of paying a tax on your business’s gross revenue (which reduces margins) or a city income tax (which increases the cost of business or ownership), you enjoy lower structural overhead.