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    115 Harbor Blvd Fullerton, CA 92832

    For Sale
    $8,670,000

    Downtown Fullerton retail, high-growth potential.

    Property size:
    16,490 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional value-add opportunity presents two adjacent storefront retail spaces totaling 16,490 square feet, situated on a highly visible, signalized corner in the heart of Downtown Fullerton, California. Located at 115 N Harbor Blvd, this property boasts a prime location at the intersection of Harbor Blvd and Amerige Ave, directly across from free public parking. The 0.37-acre lot is zoned C-3 (Central Business District), allowing for diverse uses including retail, restaurants, financial institutions, fitness centers, and more. Mixed-use development, including dwelling units, is also permitted subject to specific requirements. Currently occupied by a long-standing local business with a six-month sale leaseback included, this asset offers immediate income while allowing for future repurposing. The property benefits from its position in a densely populated commercial and residential area, near Fullerton College and High School, ensuring high foot traffic and strong potential for future growth. This is a rare chance to acquire a significant retail asset in a thriving downtown area experiencing substantial redevelopment, offering substantial upside potential for both owner-users and investors seeking to capitalize on robust retail trends. The asking price is $8,670,000, with a price per square foot of $525.77. The property features an absolute NNN lease type and is currently at 100% occupancy.

    Property Features for 115 Harbor Blvd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    16,490 SF
    Lot Size
    16,117 SF

    HighLights

    • 16,490 SF of retail space in two adjacent buildings on a signalized corner in Downtown Fullerton, CA.
    • Currently occupied by Mo's Fullerton Music Center with a six‑month sale leaseback.
    • Located at the hard corner of Harbor Blvd and Amerige Ave, across from free public parking.
    • Zoned C‑3, allowing for diverse uses including retail, restaurants, and mixed‑use development.
    • High upside potential due to location in a rapidly redeveloping area near Fullerton College and High School.
    • Includes a 0.37‑acre lot and offers immediate income with substantial future development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Black Hole Records Record Store 40 Lashes Beauty Salon Organic MediZen Alternative Medicine Practitioner PAS Art School Stray Cat Vintage ... Vintage Clothing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fullerton
    County
    Orange
    State
    California
    Longitude
    -117.9245569
    Latitude
    33.8696619

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    FAQs

    What type of property is this?
    Lifestyle center - Downtown Fullerton retail, high-growth potential.
    Where is this lifestyle center located?
    The property is located at 115 Harbor Blvd Fullerton, CA.
    What is the asking price?
    The asking price for this property is $8,670,000.
    What are key features of this property?
    This property features: 16,490 SF of retail space in two adjacent buildings on a signalized corner in Downtown Fullerton, CA.; Currently occupied by Mo's Fullerton Music Center with a six-month sale leaseback.; Located at the hard corner of Harbor Blvd and Amerige Ave, across from free public parking.
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    Fullerton, CA 92832
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Harbor Blvd Fullerton, CA 92832
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