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Two-Unit Retail and Wellness Property
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501 W First St, Tustin, CA 92780

For sale two-building retail and wellness property with separate units at 501 and 505 W 1st Street.

Property Size3,568 SF
Lot Size0.34 Acres
Days on Market120

Property Features for 501 W First St

General Information

Standard status Active
Size 3,568 SF
Lot size 0.34 Acres
Property subtype Retail
Listing Agency: Wilshire Advisory Group
Listed By: Craig Miller · License #CA 01006713
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 5:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilshire Advisory Group

Investment Insights

Based on property information with market context.

This offering includes two separate addresses with distinct building sizes and lot areas. 501 W 1st Street was built in 1925 and contains approximately 1,568 SF. The current tenant is a hair salon with a lease through July 31, 2028. 505 W 1st Street was built in 1930 and contains approximately 2,000 SF, and can be delivered vacant or with the current wellness center tenant.

The properties are located at 501 and 505 W 1st Street in Tustin, CA. Both buildings sit on individual lots, with separate APNs listed for each address.

Because the two units are separately identified and have different delivery options, the configuration is suited to buyers looking for a multi-building setup with existing occupancy on one side and potential for vacancy or continuation on the other.

Key Highlights

  • Two‑building retail and wellness property at 501 & 505 W 1st Street, Tustin, CA 92780
  • 501 W 1st Street: approx. 1,568 SF building on approx. 8,276 SF lot; built in 1925
  • 501 W 1st Street leased to a hair salon through July 31, 2028

Property Analytics

Current Use

ShearBlissOC.com Hair Salon

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Supermarket (Bike/Boat/Book/etc) Store Pet Grooming Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,564
Businesses Nearby
Balanced
Demand for This Use

Demographics for 92780, CA

56,034
Population
18,308
Households
3.1
Avg Household Size
36
Median Age
36%
College-Educated
85%
High-School Grad
6.3 sq mi
ZIP Area
8,894
Density / Sq Mi
$98,647
Median Household Income
$44,849
Median Earnings
$2,211
Median Rent
$832,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

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  • Primrose Lane Flowers & Gifts 13882 newport ave e, tustin, ca 92780

Frequently Asked Questions

What type of property is this?
Storefront property - For sale two-building retail and wellness property with separate units at 501 and 505 W 1st Street.
Where is this storefront property located?
The property is located at 501 W First St Tustin, CA.
What are key features of this property?
This property features: Two‑building retail and wellness property at 501 & 505 W 1st Street, Tustin, CA 92780; 501 W 1st Street: approx. 1,568 SF building on approx. 8,276 SF lot; built in 1925; 501 W 1st Street leased to a hair salon through July 31, 2028
More about this property
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