Property profile

133 W Chapman Ave Fullerton, CA 92832

FOR SALE
Commercial real estate
Property ID
US09-0097925
6,001 SF 0.45 ac lot Built 1963
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 6,001 SF
133 W Chapman Ave, Fullerton, CA 92832
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Property summary

AI-generated overview

This thriving Fullerton restaurant presents a fantastic turnkey business opportunity. Located at 133 Chapman Avenue, this 1,200 square foot establishment boasts a prime location in the heart of Fullerton's vibrant downtown dining and entertainment district. The property sits on a 0.35-acre lot and offers ample free public parking, ensuring convenient access for patrons. Currently operating as a successful Peruvian restaurant, the business features a diverse menu including rotisserie chicken, BBQ ribs, and American-style burgers, catering to a broad customer base. The restaurant's layout includes an open kitchen seamlessly integrated with the dining area, creating a welcoming atmosphere. With a capacity for 30 indoor and 30 outdoor diners, the space is well-suited for both intimate gatherings and larger groups. A significant advantage is the existing 5-year lease with low rent, providing financial stability and minimizing overhead costs for the new owner. The business is fully operational and ready for immediate transition, making it an ideal investment for an experienced restaurateur or a first-time entrepreneur seeking a proven concept in a high-demand location. The abundance of foot traffic from the bustling downtown area guarantees a steady stream of potential customers. This turnkey operation offers a unique blend of established success and significant growth potential. The asking price is $225,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1963
Total area 6,001 SF
Lot 0.45 ac (19,783 SF)
APN 032-212-14
UPID US09-0097925

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant
  • Restaurant

Location

133 W Chapman Ave Fullerton, CA 92832
Fullerton metro Census 11300 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.56M
Comparable Approach Comparable
$1.52M
Blend (final) Blend
$1.15M

Owner & transaction history

since 2019
7 recorded transactions
2021
Price N/A
2019
$4.3M
2015
$3.2M
2013
Price N/A
2009
Price N/A
2006
Price N/A
2006
$1.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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