1592 Tustin St Orange, CA 92867-3904
- Retail space
- 4,005 SF
- 0.33 lot acres
Nov 14, 2024
Current Use by Public Records
- Oki Doki Home Treasure / Furniture Store
- Pro Home Furnishings / Furniture Store
Property Details for 1592 Tustin St
- Year built
- 1970
- Lot size
- 0.33 lot acres
- Property size
- 4,005 SF
- Property type
- Retail space
- APN
- 375-442-19
- APU
- 37544219
Description
This exceptional 4,005 square foot storefront, located at 1592 N. Tustin St. in Orange, California, presents a rare value-add investment opportunity. Situated on a prominent corner lot spanning 0.33 acres (14,375 square feet), this property boasts excellent visibility and signage potential on busy Tustin Street. Built in 1970, the building offers ample parking with 13 spaces. Currently vacant, this property is priced at $1,995,000, translating to $498.13 per square foot. The property's strong location within the Orange community, combined with its size and potential for significant upgrades, makes it an attractive prospect for owner-users or investors seeking to capitalize on the robust retail fundamentals of the area. The substantial lot size allows for future expansion or redevelopment possibilities. This is a chance to acquire a well-positioned retail space with considerable upside potential and minimal landlord responsibilities. The previous lease expired October 30, 2024.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- Orange
- State
- California
- Longitude
- -117.836
- Latitude
- 33.8135
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
