$1,900,000
$1,999,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 04/25/2025
Key Details
Sold Price $1,900,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC24165798
Sold Date 04/25/25
HOA Y/N No
Year Built 1954
Lot Size 0.304 Acres
Property Sub-Type Retail
Property Description
The subject property consists of approx. 4,000 sq. ft., and is situated on approx. 13,260 sq. ft. of land. Currently, 100% occupied with short term tenants. Corner of Westminster Blvd & Cedar Street with an alley. Excellent opportunity for renovation the existing commercial into MEDICAL OFFICE or redevelopment, including proposed MIXED-USE zoning(Buyer must verify all zoning details with city), or something similar to the recently completed Westminster CROSSING development project, which is located across the street from the subject property.
Opportunity to continue collecting income from existing tenants while processing entitlements.
APN: 096-084-10, 096-084-11, & 096-084-12
Location
State CA
County Orange
Area 699 - Not Defined
Interior
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 09608411
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Robert Tran • HPT Realty
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA