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1826 W Chapman Ave
Orange, CA 92868
Retail Property For Sale
Investment Highlights
- Major Street Frontage on Chapman Ave with Monument Signage
- Three-parcel configuration offers multiple commercial use possibilities.
- Potential Redevelopment Opportunity
- Approximately 28,000 Cars Pass Per Day
- Retail, Showroom, Storage Capabilities
- Nearby Prominent Amenities (Angel Stadium, OC Vibe, Honda Center, Orange Circle, Chapman University, Amtrak Anaheim)
Executive Summary
- Three parcels totaling 1.5 Acres
- Two Buildings totaling 12,213 SF
- Retail, showroom, warehousing and yard storage capabilities
- Possible redevelopment opportunity
- Major street frontage on Chapman Ave
- Immediate access to 57, 5, 22, 91, 55 Freeways
- Nearby prominent amenities and venues, including: Orange Circle, Chapman University, Angel Stadium, OC Vibe, Honda Center, Anaheim Amtrak
- The back parcel is zoned residential, but the seller has occupied this site for 60+ years, and it has never been used as residential. It's always functioned as a paved storage and parking yard supporting the business on Parcels 1 and 2. Given that history, the nonconforming use should be able to continue with the next buyer (Broker and Seller make no representation and urge Buyer to independently verify all zoning information with the City of Orange and Buyer’s zoning consultant).
- Asking $6.3M or $96.42 Per Land SF
- Seller can include business in the sale of the property at no additional cost to Buyer. Business is Orange County Farm Supply, Inc. https://www.ocfarmsupply.com/ ; Please note that the sale of the real estate is not contingent on the sale of the business. The two can be sold together or separately.
- Two Buildings totaling 12,213 SF
- Retail, showroom, warehousing and yard storage capabilities
- Possible redevelopment opportunity
- Major street frontage on Chapman Ave
- Immediate access to 57, 5, 22, 91, 55 Freeways
- Nearby prominent amenities and venues, including: Orange Circle, Chapman University, Angel Stadium, OC Vibe, Honda Center, Anaheim Amtrak
- The back parcel is zoned residential, but the seller has occupied this site for 60+ years, and it has never been used as residential. It's always functioned as a paved storage and parking yard supporting the business on Parcels 1 and 2. Given that history, the nonconforming use should be able to continue with the next buyer (Broker and Seller make no representation and urge Buyer to independently verify all zoning information with the City of Orange and Buyer’s zoning consultant).
- Asking $6.3M or $96.42 Per Land SF
- Seller can include business in the sale of the property at no additional cost to Buyer. Business is Orange County Farm Supply, Inc. https://www.ocfarmsupply.com/ ; Please note that the sale of the real estate is not contingent on the sale of the business. The two can be sold together or separately.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
12,213 SF
Building Class
C
Year Built
1953
Price
$6,304,125
Price Per SF
$516.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.50 AC
Zoning
C-2 - Front Two Parcels: C-2 (General Business)
Rear Parcel: R-1-6 (Single Family Residential); historically & currently a non-conforming use
Parking
24 Spaces (4.63 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Signage
- Monument Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $155,322 | |
| Land Assessment | $3,091,968 | Total Assessment | $3,247,290 |
Property Taxes
Parcel Numbers
Land Assessment
$3,091,968
Improvements Assessment
$155,322
Total Assessment
$3,247,290
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