1826 W Chapman Ave - Freestanding FOR SALE


Orange, CA 92868
$6,304,125 USD
714-851-0928
1826 W Chapman Ave, Orange, CA for Sale
$6,304,125 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

1826 W Chapman Ave
Orange, CA 92868


HIGHLIGHTS

  • Major Street Frontage on Chapman Ave with Monument Signage
  • Approximately 28,000 Cars Pass Per Day
  • Three-parcel configuration offers multiple commercial use possibilities.
  • Retail, Showroom, Storage Capabilities
  • Potential Redevelopment Opportunity
  • Nearby Prominent Amenities (Angel Stadium, OC Vibe, Honda Center, Orange Circle, Chapman University, Amtrak Anaheim)

OVERVIEW

- Three parcels totaling 1.5 Acres - Two Buildings totaling 12,213 SF - Retail, showroom, warehousing and yard storage capabilities - Possible redevelopment opportunity - Major street frontage on Chapman Ave - Immediate access to 57, 5, 22, 91, 55 Freeways - Nearby prominent amenities and venues, including: Orange Circle, Chapman University, Angel Stadium, OC Vibe, Honda Center, Anaheim Amtrak - The back parcel is zoned residential, but the seller has occupied this site for 60+ years, and it has never been used as residential. It's always functioned as a paved storage and parking yard supporting the business on Parcels 1 and 2. Given that history, the nonconforming use should be able to continue with the next buyer (Broker and Seller make no representation and urge Buyer to independently verify all zoning information with the City of Orange and Buyer’s zoning consultant). - Asking $6.3M or $96.42 Per Land SF - Seller can include business in the sale of the property at no additional cost to Buyer. Business is Orange County Farm Supply, Inc. https://www.ocfarmsupply.com/ ; Please note that the sale of the real estate is not contingent on the sale of the business. The two can be sold together or separately.

FOR SALE DETAILS

PRICE

$6,304,125 USD

PRICE/SF

$516 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Auto Repair, Garden Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C-2

APN/PARCEL ID

390-241-07,390-241-08,390-241-38

ASK ABOUT THIS PROPERTY

Ryan MagarianLee & Associates Commercial Real Estate ServiceMore Info
714-851-0928

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Ryan MagarianLee & Associates Commercial Real Estate ServiceMore Info
714-851-0928

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.