Own the land, the building, AND a cash-flowing business. This rare 22,605 SF (0.52 AC) C-1 zoned parcel on high-traffic N. Orange Olive Rd (approx. 9,300+ cars/day per City of Orange counts) is being offered together with the long-established Lighthouse Laundromat and all equipment. With only about 9% lot coverage,… Read More the approx. 2,109 SF free-standing building leaves roughly 14,000 SF of surplus paved land, giving buyers a rare blank canvas in the heart of Orange. THE LAND: C-1 zoning supports a wide range of retail, office, and service commercial uses, and the deep, level, rectangular lot with wide street frontage and a tall pylon sign is ideal for a new pad, multi-tenant retail or office building, sit-down or quick-service restaurant, coffee or drive-through concept, car wash, or fleet/vehicle storage (certain uses subject to City approval). Seller reports the site carries an existing drive-through entitlement, a major advantage for QSR and coffee users. California housing laws (AB 2011 / SB 6) may also open the door to multi-family or mixed-use residential on commercially zoned land, creating future development upside. THE BUSINESS: Open 7 days with rows of commercial front-load washers and stacked dryers, folding stations, vending, fluff & fold and drop-off service, a covered outdoor patio, and ADA parking. Collect income today while you plan tomorrow. Surrounded by dense single- and multi-family housing with an established industrial corridor across the street, providing a built-in customer base and daytime workforce. Perfect for owner-operators, investors, 1031 exchange buyers, and developers. Lease may be considered. Buyer to verify zoning, permitted uses, entitlements, and all property information with the City of Orange. Read Less
Property listed by Luxre Realty, Inc., Roy Quick 980-416-6412
Listing Snapshot
Days Online
2
Last Updated
Property Type
Retail
Square Ft.
2,109
Lot Size
0.52 Acres
Year Built
1955
MLS Number
OC26225226
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1955, 1 building, 1 storey, Entry level: 1, Construction Materials: Brick, Block, VerticalSiding, WoodSiding
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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