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34421084
34421085

2 Locations For Sale

MS
CA 01515991
Tamarack Real Estate Services
Listed by Tamarack Real Estate Services
$4,950,000
81 days on market
Updated 4 days ago

Hartwell at Oldtown Newhall

Details
APN 2831-012-022, 2831-012-023, 2831-012-024, 2831-012-025, 2831-012-026, 2831-012-027
Property Type Mixed Use, Multifamily (+1)
Sub Type Restaurant, Storefront (+1)
Square Footage 6,500
Units 98
Tenancy Vacant
Price per SqFt $39
Lot Size (SqFt) 36,953
Zoning UC (Commercial)
Parking Spaces 71 spaces
Parking per 1,000 SqFt 10.92
Investment Type Redevelopment
Ground Lease No
Sale Condition For sale by owner

Downtown Newhall Infill Development Opportunity

Marketing description

24300-24316 Main St. & 24307 Railroad Ave. Santa Clarita, CA 91321. Contiguous multi-parcel assemblage in the heart of Santa Clarita’s walkable downtown corridor. The planned property fronts Main Street with strong visibility and is positioned within the most active retail, dining, and entertainment district in the city.

Previously entitled plans support development of approximately 78 multifamily units with ground-floor retail. Prior entitlement and design work provide a meaningful head start for the project and opportunity, shortening the timeline to construction (*buyer to verify).

The assemblage offers critical mass for efficient multifamily design and maintains the ability to expand with adjacent parcels, creating optionality for future assemblage upside. Located near the Newhall Metrolink Station and surrounded by restaurants, shops, and civic amenities, the Property benefits from strong pedestrian activity and regional connectivity. APNs: 2831-012-022; 023; 024; 025; 026;

The project can be tailored in various ways, including:

-Adjusting unit count and unit mix

-Reducing or reconfiguring retail component

-Positioning as market-rate or workforce housing

Investment highlights

24300-24316 Main St. & 24307 Railroad Ave. Santa Clarita, CA 91321. Contiguous multi-parcel assemblage in the heart of Santa Clarita’s walkable downtown corridor. The planned property fronts Main Street with strong visibility and is positioned within the most active retail, dining, and entertainment district in the city.

Previously entitled plans support development of approximately 78 multifamily units with ground-floor retail. Prior entitlement and design work provide a meaningful head start for the project and opportunity, shortening the timeline to construction (*buyer to verify).

The assemblage offers critical mass for efficient multifamily design and maintains the ability to expand with adjacent parcels, creating optionality for future assemblage upside. Located near the Newhall Metrolink Station and surrounded by restaurants, shops, and civic amenities, the Property benefits from strong pedestrian activity and regional connectivity. APNs: 2831-012-022; 023; 024; 025; 026;

The project can be tailored in various ways, including:

-Adjusting unit count and unit mix

-Reducing or reconfiguring retail component

-Positioning as market-rate or workforce housing

Listing Contacts

MS
CA 01515991
Tamarack Real Estate Services
Listed by Tamarack Real Estate Services

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