$685,000
$685,000
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3,920 Sqft Lot
SOLD DATE : 11/04/2019
Key Details
Sold Price $685,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19212950
Sold Date 11/04/19
HOA Y/N No
Year Built 1923
Lot Size 3,920 Sqft
Acres 0.09
Property Description
SVN Vanguard is pleased to offer for sale a freestanding medical office building located in the City of Fullerton with close proximity to Downtown Fullerton, Cal State Fullerton, MetroLink and Fullerton rail depot, St. Jude Hospital, Fullerton City Hall and many more amenities. The building boasts excellent Chapman Avenue visibility, onsite parking for medical or professional office uses and monument signage.
Opportunity costs lead this to an outstanding opportunity for any owner/user trying to take advantage of current marketplace financing so they can own a building for less than renting a similar sized building in Fullerton. Ideal location for any medical or professional office user including a Therapists, Dentist, Chiropractor, MD, CPA, Law Firm, Insurance Agent, Real Estate Firm and more.
The 1012 Chapman Building is ideally located on Chapman Avenue (35,500 vehicles per day) and near the intersection of Raymond Avenue (15,400 vehicles per day) for a total of over 50,900 vehicles passing nearby during the day.
The 1012 Chapman Building will be marketed free and clear of any existing financing, creating an opportunity to place creative financing tailored to an owner/user's desired hold period and risk profile to further enhance returns. SBA financing is an outstanding option as an owner/user can operate in more than 51% of the building.
Location
State CA
County Orange
Area 83 - Fullerton
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description Paved
Story 1
Water Public
Others
Tax ID 03316311
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Hea Eun Jang • Redpoint Realty
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CEO | DRE# SA695240000 | DRE# 02100184