1122 E Lincoln Avenue 213, Orange, CA 92865
Commercial property
Sold August 2024
Listing Agent: Tony Scafidi (DRE #01887228) · Listing Office: Rigel Capital · Contact: 760-912-7143 · Bought with: Tony Scafidi · Rigel Capital · MLS #HD24083205 · Source: CRMLS
About this commercial property
FOR SALE. An excellent investment, income-producing opportunity with great return. Rare opportunity to purchase a professional office condo, occupied, within the 40+ commercial condominium building known as the Lincoln Professional Center in Orange, CA. The building is beautifully maintained, right off the I-91 & I-55 freeway interchange with several levels, elevators and garden-style construction and architecture. The Class B building was built in 1984 with ample parking, over 40 condos of mixed uses comprising of medical and professional services, all professionally managed. Nearby retail, residential and other professional services. Condo #213 is ±1,161 square feet, located on the second floor on the outside level with 2 private offices and 3 separate rooms with common doors in between. The Condo has updated flooring, paint and great natural lighting. The Condo is conveniently located right next to the common restrooms, staircase to the bottom floor, and the parking lot. The tenant is long-term with initial lease expiring in 2032 with an option to extend thereafter. Annual increases allow for 3% increases to rent with all utilities paid by tenant. Call Agent for additional information.
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history