$2,400,000
$2,800,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 08/10/2024
Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23037225
Sold Date 08/10/24
HOA Y/N No
Year Built 1938
Lot Size 7,405 Sqft
Property Description
Excellent opportunity on Main Street, in the heart of Yorba Linda. Sitting adjacent to the newly developed Yorba Linda Towne Center, this property would make an excellent investor-redevelopment or owner-user retail, restaurant, or mixed-use opportunity. The property is currently divided into 2 equal sized units, each with separate utilities and bathrooms, however, it can be combined into one larger space or several small retail spaces depending on need. This is one of the few properties on Main Street with private parking that can be utilized for future expansion. The city of Yorba Linda will allow for a building expansion into the current parking area, or alternative uses including outdoor dining. Several other sites on Main Street currently have restaurant or high-end retail development plans in place.
Location
State CA
County Orange
Area 85 - Yorba Linda
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Wrought Iron
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Rolled/Hot Mop
Total Parking Spaces 8
Building
Lot Description Level, Paved, Rectangular Lot
Story 1
Water Public
Others
Tax ID 32330416
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Vince Campion • Coldwell Banker Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "