Active
1459 S Anaheim Boulevard
Anaheim CA, 92805
$4,444,000
$120.02 per sqft
Active
0.85 Acres
Land
Listed by Brett Cervantes with Paul Kott Realtors, Inc. [email protected]
Paul Kott Realtors, Inc. - Commercial Division is pleased to present a premier redevelopment opportunity located close to Disneyland, Disney Resort District, Anaheim Convention Center, numerous hotels, restaurants/night life, attractions, and the 5 Freeway. The aggregate total square footage of the two buildings is approximately 3,851 with the lot size 37,026-square feet. This offering represents an excellent opportunity for a retail, medical, developer, owner/user/investor to purchase a highly visible property situated at the four-way signalized intersection of Anaheim Boulevard and Cerritos Avenue.
The property is located across from the Anaheim Marketplace, Bravo Night Club, and surrounded by newly developed luxury condos to the south, brand-new luxury apartment buildings to the north, and very short distance to The Viv Hotel and 5 Freeway (0.2 miles). The seller has received offers over the past few years from national retailers to lease the site, however, they wanted to continue operating the liquor store business, leasing the property to the existing tenants, and collecting parking fees from the sports arena located across the street.
Three tenants occupy the premises which include Stadium Liquor, George's Best Burgers, and a recycling company which occupies 250 square feet of land located behind the liquor store. The longest lease on the premises expires in roughly 3.5 years (potentially shorter), sufficient time for a developer to plan for redevelopment of the property. Please contact Brett Cervantes for an Offering Memorandum/rent roll.
Originally built in 1930, the buildings are constructed of wood frame and stucco, offers restrooms in each building, and is zoned "T" (Transitional), which allows for many uses including medical office, retail, general commercial, multi-family/residential, etc. Please contact city of Anaheim Planning Department for permitted uses. The traffic counts are approximately 29,507 vehicles per day (2018). By freeway, the property can be accessed by taking the 5 Freeway exiting on Ball Road or Katella Avenue.
PW24160179
MLSⓇ ID
August 3, 2024
Listed
October 17, 2024
Updated
Map
1459 S Anaheim Boulevard
Anaheim CA, 92805
Exterior/Building Features
Lot Size
0.85 Acres
Lot Features
16-20 Units/Acre, 11-15 Units/Acre, 21-25 Units/Acre, 26-30 Units/Acre
Other Property Details
Area Name
78 - Anaheim East of Harbor
Days on Market
10
Garage
No
View
No
View Description
None
County
Orange
Water Source
Public
Pool
No
Zoning
“T” Transitional Zoning A
Listing Contact: 714-772-7000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 1:46 PM UTC