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Listed by Yolla Zogheib • Century 21 Masters
$ 2,899,000
Est. payment /mo
Active
2117 N Orange Olive Road Orange, CA 92865
2,300 SqFt
UPDATED:
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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