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$ 2,190,000
Est. payment /mo
New
401 S Magnolia Anaheim, CA 92804
10,297 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26161669
HOA Y/N No
Lot Size 10,297 Sqft
Property Sub-Type Retail
Property Description
Prime investment opportunity in the heart of Anaheim Town Center! This exceptional, fully leased 4-tenant commercial retail center delivers immediate and highly stable rental income. Ideally situated on a high-visibility hard corner along a major thoroughfare, the property benefits from outstanding daily traffic counts of 20,000 to 30,000 vehicles. Zoned General Commercial (C-G), the property offers versatile commercial potential. Parking is convenient, featuring 16 dedicated rear parking spaces with a rear exit point for easy ingress and egress, as well as street parking. Strategically located near world-class attractions including Disneyland and Knott's Berry Farm, with seamless access to both the 5 and 91 freeways. Extensive property improvements over time include a resurfaced parking lot with an added security gate, fully upgraded building-wide plumbing, and newly applied roof waterproofing. The restaurant unit features an installed walk-in cooler, and an ADA-compliant wheelchair accessible ramp is currently under construction. With its prime location and continuous capital improvements, this property presents outstanding value-add potential and long-term rental growth for savvy investors.
Location
State CA
County Orange
Area 79 - Anaheim West Of Harbor
Zoning C-G
Interior
Fireplace No
Laundry None
Building
Lot Description Paved
Story 1
Water Public
Others
Tax ID 12604115
Special Listing Condition Standard
Listed by Ji Jung Lee Coldwell Banker Best Realty realtor.junelee@gmail.com, DRE #01305455