2117 North Orange Olive Road

Orange CA 92865

0.52 ac.

Land

Currently for sale - view listing

Overview

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 projectpossibly 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 onlyplease do not disturb tenants. THIS IS ALSO ZONED FOR DRIVE THROUGH RESTAURANT RARE TO FIND IN THE CITY OF ORANGE. Submit all offersthis one wont last!