Brea, CA 92823,160 Olinda Place
Brea, CA 92823,160 Olinda Place
Brea, CA 92823,160 Olinda Place
Brea, CA 92823,160 Olinda Place
Brea, CA 92823,160 Olinda Place
Brea, CA 92823,160 Olinda Place
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Listed by Eric Eide β€’ RE/MAX MASTERS REALTY
$ 4,600,000
Est. payment | /mo

12,000 SqFt


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$ 4,600,000
Est. payment | /mo
Save

12,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $383

MLS Listing ID CRCV23200708

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1966

Lot Size 3.683 Acres

Property Sub-Type Retail

Property Description

Presenting a remarkable investment opportunity, this prime retail shopping center is now available for acquisition. Situated in a highly sought-after location, this property offers investors a strategic asset with a strong track record of performance and promising growth prospects. Strategically located in a high-traffic area with excellent visibility and accessibility, this shopping center is a cornerstone of the community and enjoys a consistent influx of potential customers. This shopping center boasts a total of +/-12,000 square feet on a spacious 3.68 acre lot. The center's diverse tenant mix includes a wide range of retail, dining, and service businesses. The shopping center offers ample parking with approximately 150 parking spaces, ensuring convenience for customers and tenants. The deferred maintenance presents an opportunity for the buyer to renovate and modernize the property, potentially increasing its leasing appeal and rental income. This could involve upgrading the façade, parking lot, enhancing landscaping, or improving common areas. Opportunities for expansion or redevelopment are available, allowing for additional revenue streams. Please note, expenses to follow.

Location

State CA

County Orange

Interior

Fireplace No

Building

Water Public

Bay East AOR and Contra Costa AOR

CONTACT AGENT

agent

Sonya C. Smith

+1(925) 331-8523

Agent | License ID: 02047071

Agent License ID: 02047071

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160 Olinda Place