2117 North Orange Olive Road Active

Orange,CA 92865

$ 2899000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR-25101890

Year Built 1955

Property Sub-Type Business

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

Area 72 - Orange/Garden Grove, E Harbor, N 22 Fwy

Interior

Laundry Inside

Building

Lot Description Level,Lot 20000-39999 Sqft

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