615 E Chapman Ave - Medical FOR SALE


Orange, CA 92866
$3,895,000 USD
714-944-9840
615 E Chapman Ave, Orange, CA for Sale
$3,895,000 USD
Medical - FOR SALE
1/72
null | Request Cap Rate

615 E Chapman Ave
Orange, CA 92866


HIGHLIGHTS

  • Exceptional Medical/Professional Office opportunity In Old Towne Orange!
  • Two floors with an elevator and stairs
  • 10 exam rooms, 3 private offices and more
  • MILLS ACT
  • 11 Parking Spots

OVERVIEW

This beautifully maintained Craftsman-style office building has approx. 3000 square feet & is ideally located just six blocks from the highly desirable Old Towne Orange Plaza. Positioned on a high-traffic street & close to freeways and a few miles from CHOC & St. Joe's Hospital, the property offers excellent visibility and accessibility for both clients and staff. This building is well-suited for a medical or dental practice, as well as a wide range of professional office uses. This 1914 building was remodeled in 2014-2016 from the ground up including a new HVAC system, insulation, plumbing & electrical systems, providing modern infrastructure to support today's operational needs. An elevator was installed which enhances accessibility and functionality, making the layout convenient for multi-level use. Additionally, outdoor lighting, rain barrels, landscaping and a custom water fountain. The Seller has invested approx. $1.2 million in a comprehensive interior remodel thoughtfully customizing both the first and second floors to support a high-volume medical practice. The first floor features a spacious lobby with an oversized round reception desk accented with teak wood and luxury vinyl plank floors throughout. A conference room enclosed by beveled glass walls adds a modern touch, along with four well- appointed exam rooms, an in-take room, a laboratory & private office, IV room -also suitable for surgical use enhances the medical functionality of the space. Two beautifully finished bathrooms complete the level, featuring glass tile accents & quartz countertops. The finished basement has plenty of room for storing extra supplies. The second floor features one bathroom, five exam rooms, nurse's work station, a surgery room with storage cabinets, a laboratory with plenty of countertop space & a private office that opens to the deck. But that's not all- a handy remote controlled ladder leads to a finished attic that also can be used for storage or you decide! The well-maintained property is on the coveted MILLS ACT contract which gives the owner a significant savings on annual property taxes!! PLEASE CONTACT MOLLIE MITCHNER FOR MORE INFO AND TO SCHEDULE A TOUR 714-321-6241

FOR SALE DETAILS

PRICE

$3,895,000 USD

PRICE/SF

$1,298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1914

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,771 SF

ZONING

OTMU- 15S

APN/PARCEL ID

386-072-08

ASK ABOUT THIS PROPERTY

Jerry JervisSeven Gables Real EstateMore Info
714-944-9840

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

Jerry JervisSeven Gables Real EstateMore Info
714-944-9840

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