315 Centennial Way
Tustin, CA 92780
Law/Professional Building in Tustin · Office Property For Sale

IN ESCROW WITH MULTIPLE BACK UP OFFERS - NOT ACCEPTING BACK UP OFFERS. PLEASE DO NOT CALL TO SHOW, ETC. The Coronado Real Estate Group of KW Commercial is pleased to present for sale a beautiful Law/Professional Building near Old Town Tustin, located directly across from the Tustin City Hall. 315 Centennial Way is an excellent opportunity for both owner/users and investors. The current owner practiced law out of the building for many years and rented office suites to other lawyers. The Seller believes that all tenants are on month to month agreements, and tenancy can be terminated with 30 day notice. (Buyer to verify) A Buyer could easily occupy 100% of the property, or continue to operate the building on an office suite rental basis. The property consists of one structure of 5,548 SF, currently rented to 7 tenants, but there are multiple layout options for future re-positioning. The property sits on a 13,233 square foot lot with 15 parking open parking spaces. Each floor has two bathrooms, and there is a kitchen on the first floor. Built and later remodeled with a New Orleans architectural flair in mind, the property is incredibly charming and can be updated to fit a more modern taste while still maintaining the professional feel. The building is two stories with a flat roof, one gas and one electric meter, central HVAC, an alarm system, law library, atrium, skylights, chandeliers, crown molding, wainscoting, recessed lighting, and more! LOCATION Located directly across from 300 Centennial Way, which is home to the Tustin City Hall, Police Station, and Library and more. Additionally, it is located adjacent to Old Town Tustin, a charming area with a concentration of historic buildings that date back to the 1880's. Old Town Tustin is home to both historical and hip restaurants and retailers, Victorian homes, brick buildings and more. To the north east of the property is the enormous Larwin Square shopping center, a 16 acre shopping center with over 200,000 SF of GLA and almost 800 parking spaces. Larwin Square offers tenants easy and convenient access to 60 businesses including Starbucks, Crunch Fitness, Rite Aid, Fed/Ex, Togos, El Pollo Loco, US Bank, Bank of America, and more. Located one block from the corner of Newport Ave and Main, the property has excellent freeway access to I-5 via Newport and the 55 Freeway via Main and First Street. The property is approximately 8 miles from the John Wayne Airport.