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listing
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CommercialFor Sale
$3,988,000
530 Hampshire Road
Westlake Village, CA 91361
Listed by Trina Brown DRE#01311361 [email protected] Coldwell Banker Quality Properties
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$20,685/mo

We are pleased to present a unique opportunity for the acquisition of a rare free standing 4,000 square foot building situation on 1.06 acres of land and located street to street on two signalized hard corners in Westlake Village (Thousand Oaks) California. We believe that 530 Hampshire offers an exceptional opportunity to develope to develop multifamily, industrial, assisted living, or retail on a site that has not been offered for sale for over 20 years. The city of Thousand Oaks is revising its General Plan in accordance with State Mandate for multifamily and affordable housing. The city is considering this site for residential development in the revised Plan. The property is currently zoned Westlake Industrial Park. The existing building is in excellent condition should the owner user prefer this type of acquisition. The building as built, now sits on less than 10% site coverage. The property has exsiting parking ratio of 4/1000. The current site plan can be easily modified to increase parking for medical uses such as outpatient surgery centers, kidney dialysis or other diagnostic and medical uses. 530 Hampshier is located just off the 101 freeway on Hampshier Road and its intersection and Townsgate Road Current Traffic counts on 101 freeway exceed 158,000 vehicles per day and Hampshire has excess of 18,000 vehicles per day. The site is located across the street from existing multifamily developments and diagonally from the former Kmart 10 acres development site now the subject of 450 units and 15,000 feet of mixed-use retail. That project, being developed by IMT, is presently going through City Council approvals. Check out our video. Copy and paste... 530 Hampshire Rd flyer 122V.pdf

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Information courtesy of Coldwell Banker Quality Properties is subject to verification and is not guaranteed.
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