Four contiguous properties on N. Canon Drive just hit the market for $100 million,  per The Real Deal . As a whole, the property provides 200 feet of frontage, comprised of four individual 50-foot parcels.

Gensler-designed renderings in listing materials suggest a 57,000-square-foot, mixed-use commercial structure could be built on the site, replacing the businesses that now operate there. Zoning allows for a three-story building with underground parking, according to marketing materials.

Jason Oppenheim of Oppenheim Group is the listing agent.

“It is one of the most unique trophy properties available in the world, and to my knowledge, the most unique development [opportunity] in the Beverly Hills triangle,” Oppenheim said.

Source: Beverly Hills development | 400-240 Canon Dr | Umberto Savone

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