2117 N Orange Olive Road Active

Orange,CA 92865

$ 2899000

- Bed

- Bath

2300 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 2,300 sqft

Price per Sqft $1,260

MLS Listing ID CRTR25101890

HOA Y/N No

Year Built 1955

Lot Size 0.519 Acres

Property Sub-Type Comm Ind For Sale

Source Datashare California Regional

Property Description

Excellent Development Opportunity – City of Orange Rare opportunity to develop a flat lot in the heart of Orange, zoned commercial with potential for multifamily construction. Per the seller, the City has indicated they are open to permitting a multi-unit residential project—possibly 10 units or more. Buyer to verify all development possibilities with the City. Currently, the property includes a fully operational laundromat generating steady income. In addition, the rear portion of the lot is leased to a car lot, bringing in approximately $4,000/month. High-demand location and strong income make this a great investment with future upside. Drive by only—please do not disturb tenants. THIS IS ALSO ZONED FOR DRIVE THROUGH RESTAURANT RARE TO FIND IN THE CITY OF ORANGE. Submit all offers—this one won’t last!

Location

State CA

County Orange

Interior

Fireplace No

Building

Water Public

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