CA > Brea
Brea, CA 92823,160 Olinda Place
Brea, CA 92823,160 Olinda Place
Brea, CA 92823,160 Olinda Place
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Satya Dasari

Satya Dasari

+1(408) 666-6231
Listed by Eric Eide • RE/MAX MASTERS REALTY
$3,500,000
Est. payment /mo
12,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $291

MLS Listing ID CRCV23200708

HOA Y/N No

Year Built 1966

Lot Size 3.683 Acres

Property Sub-Type Retail

Source Datashare California Regional

Property Description

Presenting a remarkable investment opportunity, this prime retail shopping center is now available for acquisition. Situated in a highly sought-after location, this property offers investors a strategic asset with a strong track record of performance and promising growth prospects. Strategically located in a high-traffic area with excellent visibility and accessibility, this shopping center is a cornerstone of the community and enjoys a consistent influx of potential customers. This shopping center boasts a total of +/-12,000 square feet on a spacious 3.68 acre lot. The center's diverse tenant mix includes a wide range of retail, dining, and service businesses. The shopping center offers ample parking with approximately 150 parking spaces, ensuring convenience for customers and tenants. The deferred maintenance presents an opportunity for the buyer to renovate and modernize the property, potentially increasing its leasing appeal and rental income. This could involve upgrading the façade, parking lot, enhancing landscaping, or improving common areas. Opportunities for expansion or redevelopment are available, allowing for additional revenue streams. Within the existing Neighborhood Commercial (C-N) zone, a senior living facility is permitted with the approval of a conditional use

Location

State CA

County Orange

Interior

Fireplace No

Building

Water Public

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Satya Dasari

Satya Dasari

+1(408) 666-6231

Agent | License ID: 01327436

Agent License ID: 01327436

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