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Retail/Office Near Old Towne Orange 1040 W Chapman Ave 2,165 SF Retail Building Orange, CA 92868 $1,575,000 ($727.48/SF)




INVESTMENT HIGHLIGHTS
- Excellent Visibility on Chapman Avenue Short Distance from Disneyland, Honda Center/OCVIBE, Old Town Orange, Angels Stadium, etc.
- National Retailers Nearby the Property - Tenant on Month to Month Lease
- Owner/User Opportunity or New Owner can Collect Income from Existing Tenant(s)
- Great Visibility on Chapman Avenue with 29,507 Vehicles Per Day and Monument Sign
- “C-2” Transitional Zoning Allows for Flexible Uses: Retail, Medical, Professional Office – Contact City of Orange for Approved Uses
EXECUTIVE SUMMARY
Paul Kott Realtors, Inc. – Commercial Division is pleased to present an existing auto dealership available for occupancy located roughly a half mile from Old Towne Orange. The building square footage is 2,165 with the lot size 13,078-square feet. This offering represents an excellent opportunity for a retail, medical, developer, owner/user/investor to purchase a highly visible property situated on a corner parcel off Chapman Avenue and Lime Street. The traffic counts are approximately 29,507 vehicles per day (2018) and the property maintains a monument sign.
The property is located roughly 0.5 mile to the 57 freeway, 1.5 miles to Angels stadium, 1.9 miles to the Honda Center and the developing OCVIBE (100-acre entertainment district currently under construction), and 3.5 miles to Disneyland Resort area. One tenant occupies the premises on a month-to-month lease providing an owner/user opportunity.
Originally built in 1955, the building is constructed of wood frame and stucco, multiple restrooms and is zoned “C-2” (General Business), which allows for many uses including medical office, retail, general commercial, etc. Please contact city of Orange Planning Department for permitted uses. By freeway, the property can be accessed by taking the 57 or 55 Freeways exiting on Chapman Avenue.
The property is located roughly 0.5 mile to the 57 freeway, 1.5 miles to Angels stadium, 1.9 miles to the Honda Center and the developing OCVIBE (100-acre entertainment district currently under construction), and 3.5 miles to Disneyland Resort area. One tenant occupies the premises on a month-to-month lease providing an owner/user opportunity.
Originally built in 1955, the building is constructed of wood frame and stucco, multiple restrooms and is zoned “C-2” (General Business), which allows for many uses including medical office, retail, general commercial, etc. Please contact city of Orange Planning Department for permitted uses. By freeway, the property can be accessed by taking the 57 or 55 Freeways exiting on Chapman Avenue.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$60,000
![]() |
$27.71
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$60,000
![]() |
$27.71
![]() |
Taxes |
$16,250
![]() |
$7.51
![]() |
Operating Expenses |
$1,500
![]() |
$0.69
![]() |
Total Expenses |
$17,750
![]() |
$8.20
![]() |
Net Operating Income |
$42,250
![]() |
$19.52
![]() |
FINANCIAL SUMMARY (ACTUAL - 2024)
Gross Rental Income | |
---|---|
Annual | $60,000 |
Annual Per SF | $27.71 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $60,000 |
Annual Per SF | $27.71 |
Taxes | |
---|---|
Annual | $16,250 |
Annual Per SF | $7.51 |
Operating Expenses | |
---|---|
Annual | $1,500 |
Annual Per SF | $0.69 |
Total Expenses | |
---|---|
Annual | $17,750 |
Annual Per SF | $8.20 |
Net Operating Income | |
---|---|
Annual | $42,250 |
Annual Per SF | $19.52 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,165 SF
Building Class
C
Year Built
1955
Price
$1,575,000
Price Per SF
$727.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.31 AC
Zoning
C-2 (General Business)
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Eze Auto Brokers Inc
- Retailer
- 2,150 SF
- -
- Modified Gross
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Eze Auto Brokers Inc | Retailer | 2,150 SF | - | Modified Gross | - |
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 041-041-25 | Total Assessment | $117,556 |
Land Assessment | $111,556 | Annual Taxes | $16,250 ($7.51/SF) |
Improvements Assessment | $6,000 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
041-041-25
Land Assessment
$111,556
Improvements Assessment
$6,000
Total Assessment
$117,556
Annual Taxes
$16,250 ($7.51/SF)
Tax Year
2024
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Retail/Office Near Old Towne Orange | 1040 W Chapman Ave
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