Mixed-use property
For Sale
Glendora Multi-family/Mixed-use property
.74 acres vacant land comprising three parcels located at 501 W. Route 66 and 532 Parker. Two parcels (APNs 8639-027-901 & 902) zoned R-3 (muliti-family) and one parcel (APN 8639-027-900) zoned TCMU (mixed-use).
This sale is pursuant to the dissolution of the Glendora Redevelopment Agency. All sales subject to approval by the Successor Agency and Oversight Board.
Offers shall include proposals to develop the site with 9 to 11 dwelling units max. The TCMU parcel may be developed as residential only, commercial only or mixed-use.
$2,500 good faith deposit required. Buyer shall pay sellers costs to prepare purchase and sale agreement.
Escrow to open within 15 days of Oversight Board approval. Escrow to be extended for 36 months or issuance of building permits, whichever occurs first.
Jeff Kugel Director of Planning 116 E. Foothill Boulevard Glendora, CA 91741
All offers shall be in writing (California Association of Realtors forms are acceptable). and shall include type of financing (i.e. cash, loan, etc.). All buyers shall be identified in the offer—no silent partners; agreement shall be non-transferable .
Phone: 626-914-8215 E-mail: [email protected] www.cityofglendora.org
If buyer is represented by a broker, the Successor Agency will not pay a commission or other broker fee.
Submit offer to [email protected]. no later than noon April 20, 2018.
City of Glendora “Pride of the Foothills”
Glendora Multi-family/Mixed-use property
.74 acres vacant land comprising three parcels located at 501 W. Route 66 and 532 Parker. Two parcels (APNs 8639-027-901 & 902) zoned R-3 (muliti-family) and one parcel (APN 8639-027-900) zoned TCMU (mixed-use).
This sale is pursuant to the dissolution of the Glendora Redevelopment Agency. All sales subject to approval by the Successor Agency and Oversight Board.
Offers shall include proposals to develop the site with 9 to 11 dwelling units max. The TCMU parcel may be developed as residential only, commercial only or mixed-use.
$2,500 good faith deposit required. Buyer shall pay sellers costs to prepare purchase and sale agreement.
Escrow to open within 15 days of Oversight Board approval. Escrow to be extended for 36 months or issuance of building permits, whichever occurs first.
Jeff Kugel Director of Planning 116 E. Foothill Boulevard Glendora, CA 91741
All offers shall be in writing (California Association of Realtors forms are acceptable). and shall include type of financing (i.e. cash, loan, etc.). All buyers shall be identified in the offer—no silent partners; agreement shall be non-transferable .
Phone: 626-914-8215 E-mail: [email protected] www.cityofglendora.org
If buyer is represented by a broker, the Successor Agency will not pay a commission or other broker fee.
Submit offer to [email protected]. no later than noon April 20, 2018.
City of Glendora “Pride of the Foothills”
