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Key Details
Sold Price $4,500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 23,450 sqft
Price per Sqft $191
MLS Listing ID EV23119185
Sold Date 04/23/24
HOA Y/N No
Year Built 1963
Lot Size 1.700 Acres
Property Description
PRICE REDUCED $400,000. Winchell's Donuts on corner is occupied. Other 13 units are vacant. Strong signalized corner. Opportunity to remodel or develop site. CAP and NOI are at projected rents from $18/ sqft to $23 / sqft. Please see OM for table of CAP & NOI at different rent rates. Winchell's has approximately 13 years, including options, left on their lease.
Location
State CA
County Orange
Area 87 - La Habra
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 16-20 Units/Acre
Story 1
Water Public
Others
Tax ID 02232424
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Kevin Lee • Coldwell Banker Alliance
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605