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Property Detail

North Tustin Street
565 N Tustin Street is an excellent owner/user or investment opportunity to purchase a freestanding.
$4,988,000
Manufacturer: https://www.kw.com/

Description

  • 565 N Tustin Street is an excellent owner/user or investment opportunity to purchase a freestanding boutique storefront with recent renovations.
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  • Formerly used as a designer showroom, the property features luxurious fixtures, an elevator, a new roof, 18-foot ceilings, and mezzanine space.
  • Located on Orange's busiest street, 565 N Tustin Avenue boasts high visibility, expansive frontage, and easy egress/ingress to the rear parking lot.
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  • In a desirable Southern California suburban setting with affluent demographics and surrounding shopping, entertainment, and dining amenities.

Executive Summary

565 N Tustin Street is a 14,392-square-foot freestanding storefront retail building in Orange, California. This two-story building offers 10,392 square feet on the first level and a 4,000-square-foot mezzanine space. The interior was completely renovated in 2020 for approximately $800,000. A commercial elevator, storefront façade, updated electrical and plumbing, and a new roof were added to meet today's tenants' needs. Other property specifications include 14- to 18-foot ceilings, a private gated entry, and 18 parking spaces in the rear parking lot.

This striking storefront receives exceptional visibility and exposure with excellent frontage on Tustin Avenue, which is traveled by over 33,874 vehicles daily. Strategically located, 565 N Tustin Street is neighbored by a plethora of local and national retailers, including AutoZone, Taqueria HOY!, McDonald's, Planet Fitness, Dollar Tree, Stater Bros Markets, Winchell's Donut House, Chase Bank, and Super Pets. Residents and their families can easily access the standalone retail site via State Routes 55 and 22, less than a mile away.

Orange, California, is a tranquil and historic enclave in Southern California between Anaheim, Huntington Beach, and the mountains. Old Towne Orange is the city's heart, five minutes away from 565 N Tustin Street, offering charming buildings lined with antique shops, art galleries, and restaurants. The prestigious private research institution of Chapman University is one mile away, with over 7,469 undergraduate students attending each year. Surrounded by solid demographics, over 121,074 residents live within a 5-mile radius drive of the property, representing an average household income of approximately $115,939 per year.

565 N Tustin St

Listing ID : 00957

SKU: 957

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Price History

DateEventPrice
December 17 2024Listed$4,988,000.00