Retail/Office Near Old Towne Orange 1040 W Chapman Ave 2,165 SF Retail Building Orange, CA 92868 $2,182,115 CAD ($1,007.91 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Excellent Visibility on Chapman Avenue Short Distance from Disneyland, Honda Center/OCVIBE, Old Town Orange, Angels Stadium, etc.
  • National Retailers Nearby the Property - Tenant on Month to Month Lease
  • Owner/User Opportunity or New Owner can Collect Income from Existing Tenant(s)
  • Great Visibility on Chapman Avenue with 29,507 Vehicles Per Day and Monument Sign
  • “C-2” Transitional Zoning Allows for Flexible Uses: Retail, Medical, Professional Office – Contact City of Orange for Approved Uses

EXECUTIVE SUMMARY

Paul Kott Realtors, Inc. – Commercial Division is pleased to present an existing auto dealership available for occupancy located roughly a half mile from Old Towne Orange. The building square footage is 2,165 with the lot size 13,078-square feet. This offering represents an excellent opportunity for a retail, medical, developer, owner/user/investor to purchase a highly visible property situated on a corner parcel off Chapman Avenue and Lime Street. The traffic counts are approximately 29,507 vehicles per day (2018) and the property maintains a monument sign.
The property is located roughly 0.5 mile to the 57 freeway, 1.5 miles to Angels stadium, 1.9 miles to the Honda Center and the developing OCVIBE (100-acre entertainment district currently under construction), and 3.5 miles to Disneyland Resort area. One tenant occupies the premises on a month-to-month lease providing an owner/user opportunity.
Originally built in 1955, the building is constructed of wood frame and stucco, multiple restrooms and is zoned “C-2” (General Business), which allows for many uses including medical office, retail, general commercial, etc. Please contact city of Orange Planning Department for permitted uses. By freeway, the property can be accessed by taking the 57 or 55 Freeways exiting on Chapman Avenue.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $83,128 $38.40
Other Income - -
Vacancy Loss - -
Effective Gross Income $83,128 $38.40
Taxes $22,514 $10.40
Operating Expenses $2,078 $0.96
Total Expenses $24,592 $11.36
Net Operating Income $58,536 $27.04

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
2,165 SF
Building Class
C
Year Built
1955
Price
$2,182,115 CAD
Price Per SF
$1,007.91 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.31 AC
Zoning
C-2 (General Business)
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
110’ on Chapman Ave

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Eze Auto Brokers Inc
  • Retailer
  • 2,150 SF
  • -
  • Modified Gross
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Eze Auto Brokers Inc Retailer 2,150 SF - Modified Gross -
Walk Score®
Very Walkable (89)

NEARBY MAJOR RETAILERS

Starbucks
Ralphs
Flame Broiler
Snooze an A.M. Eatery
Wahoo's
Ruby's Diner
U.S. Bank
Chase Bank
Citizen's Business Bank
CrossFit

PROPERTY TAXES

  • Listing ID: 35430174

  • Date on Market: 2025-04-09

  • Last Updated:

  • Address: 1040 W Chapman Ave, Orange, CA 92868