528 W Chapman Ave - Freestanding FOR SALE


Orange, CA 92868
$2,950,000 USD
714-905-9383
528 W Chapman Ave, Orange, CA for Sale
$2,950,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

NEW


528 W Chapman Ave
Orange, CA 92868


HIGHLIGHTS

  • Rare Freestanding Restaurant in Old Towne Orange — Steps from the Orange Circle
  • Turnkey Second-Generation Restaurant — Fully Equipped Commercial Kitchen In Place
  • 4,420 SF Total Usable Area (3,336 SF Building + 1,084 SF Covered Outdoor Patio)
  • 20 On-Site Parking Spaces — Critical & Hard to Replicate in This Submarket
  • 450 Feet from Orange Metrolink Station | 0.4 Miles from Chapman University
  • Flexible Two-Unit Configuration — Restaurant + Retail/Second Unit

OVERVIEW

Rare Freestanding Restaurant Opportunity | Old Towne Orange | $2,950,000 528 W. Chapman Ave presents a unique opportunity to acquire a turnkey, freestanding restaurant property steps from the Orange Circle in one of Orange County's most established dining and retail destinations — Old Towne Orange. The Property - 3,336 SF building | 1,084 SF covered outdoor patio | 4,420 SF total usable area - 12,683 SF lot | 20 on-site parking spaces - Two-unit configuration: 2,632 SF restaurant + 704 SF retail/second unit - 106 total seats (72 indoor + 34 outdoor) - Fully equipped commercial kitchen with hood & ventilation — turnkey ready - Covered outdoor dining patio (±897 SF) with seamless indoor-outdoor flow - Built-in TVs, ceiling fans, HVAC, and character-rich interior finishes - Freestanding pole sign — grandfathered, hard to replicate under current zoning The Location - 450 feet from Orange Metrolink Station - 0.4 miles from Chapman University - Steps from the Orange Circle — a premier high-foot-traffic destination - Surrounded by top-performing restaurants, cafés, and boutique retail - Strong daytime and evening traffic drivers -Walkable, destination-oriented environment The Zoning OTMUC-24 (Old Towne Mixed Use 24) — supports continued restaurant use while preserving future mixed-use redevelopment optionality. A strategic advantage for long-term investors and developers. Ideal For - Owner-user restaurant operators — move in and operate with minimal buildout cost - Regional restaurant groups seeking to own their real estate - Private investors seeking stable, infill commercial assets - Developers exploring mixed-use repositioning Why This Asset Is Scarce Freestanding restaurant buildings with on-site parking, a grandfathered pole sign, covered outdoor patio, turnkey kitchen, and mixed-use zoning flexibility rarely come to market in Old Towne Orange. This is not a shopping center endcap — it is a fully independent, high-visibility property with operational infrastructure already in place and long-term upside built in. Contact the listing broker for the offering memorandum, tour scheduling, or additional information.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$667 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,952 SF

ZONING

OTMUC-24 (Old Towne Mixed

APN/PARCEL ID

390-674-07

ASK ABOUT THIS PROPERTY

Gary MartinezAshwill Associates Commercial Real EstateMore Info
714-905-9383

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Gary MartinezAshwill Associates Commercial Real EstateMore Info
714-905-9383

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