Commercial Property — 401 S Magnolia, Anaheim, CA
$2,190,000
401 S Magnolia, Anaheim, CA
About this property
Prime investment opportunity in the heart of Anaheim Town Center! This exceptional, fully leased 4-tenant commercial retail center delivers immediate and highly stable rental income. Ideally situated on a high-visibility hard corner along a major thoroughfare, the property benefits from outstanding daily traffic counts of 20,000 to 30,000 vehicles. Zoned General Commercial (C-G), the property offers versatile commercial potential. Parking is convenient, featuring 16 dedicated rear parking spaces with a rear exit point for easy ingress and egress, as well as street parking. Strategically located near world-class attractions including Disneyland and Knott's Berry Farm, with seamless access to both the 5 and 91 freeways. Extensive property improvements over time include a resurfaced parking lot with an added security gate, fully upgraded building-wide plumbing, and newly applied roof waterproofing. The restaurant unit features an installed walk-in cooler, and an ADA-compliant wheelchair accessible ramp is currently under construction. With its prime location and continuous capital improvements, this property presents outstanding value-add potential and long-term rental growth for savvy investors.
Property details
Location
401 S Magnolia • Anaheim, CA 92804
Listed by
Ji Jung Lee · Coldwell Banker Best Realty