For Sale
$8,670,000

115 Harbor BlvdFullerton, CA 92832

Downtown Fullerton retail, high-growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional value-add opportunity presents two adjacent storefront retail spaces totaling 16,490 square feet, situated on a highly visible, signalized corner in the heart of Downtown Fullerton, California. Located at 115 N Harbor Blvd, this property boasts a prime location at the intersection of Harbor Blvd and Amerige Ave, directly across from free public parking. The 0.37-acre lot is zoned C-3 (Central Business District), allowing for diverse uses including retail, restaurants, financial institutions, fitness centers, and more. Mixed-use development, including dwelling units, is also permitted subject to specific requirements. Currently occupied by a long-standing local business with a six-month sale leaseback included, this asset offers immediate income while allowing for future repurposing. The property benefits from its position in a densely populated commercial and residential area, near Fullerton College and High School, ensuring high foot traffic and strong potential for future growth. This is a rare chance to acquire a significant retail asset in a thriving downtown area experiencing substantial redevelopment, offering substantial upside potential for both owner-users and investors seeking to capitalize on robust retail trends. The asking price is $8,670,000, with a price per square foot of $525.77. The property features an absolute NNN lease type and is currently at 100% occupancy.

Highlights

  • 16,490 SF of retail space in two adjacent buildings on a signalized corner in Downtown Fullerton, CA.
  • Currently occupied by Mo's Fullerton Music Center with a six-month sale leaseback.
  • Located at the hard corner of Harbor Blvd and Amerige Ave, across from free public parking.
  • Zoned C-3, allowing for diverse uses including retail, restaurants, and mixed-use development.
  • High upside potential due to location in a rapidly redeveloping area near Fullerton College and High School.
  • Includes a 0.37-acre lot and offers immediate income with substantial future development potential.

Property Details for 115 Harbor Blvd

Property type
Lifestyle centers, Power centers
Square Feet
16,490 SF
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Fullerton
County
Orange
State
California
Latitude
33.8696619
Longitude
-117.9245569
115 Harbor Blvd, Fullerton, California

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115 Harbor Blvd
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