Description
Excellent Development Opportunity – City of Orange
Rare opportunity to develop a flat lot in the heart of Orange, zoned commercial with potential for multifamily construction. Per the seller, the City has indicated they are open to permitting a multi-unit residential project—possibly 10 units or more. Buyer to verify all development possibilities with the City.
Currently, the property includes a fully operational laundromat generating steady income. In addition, the rear portion of the lot is leased to a car lot, bringing in approximately $4,000/month.
High-demand location and strong income make this a great investment with future upside. Drive by only—please do not disturb tenants.
THIS IS ALSO ZONED FOR DRIVE THROUGH RESTAURANT RARE TO FIND IN THE CITY OF ORANGE.
Submit all offers—this one won’t last!
Address
Open on Google Maps- Address 2117 N Orange Olive Road
- City Orange
- State/county CA
- Zip/Postal Code 92865
- Country US
Details
Updated on May 26, 2025 at 3:30 pm- Property ID: TR25101890
- Price: $2,899,000
- Property Size: 2300 Square Feet
- Land Area: 0.519 Acres
- Garage Size: x x
- Year Built: 1955
- Property Type: Business, Commercial Sale
- Property Status: Active
