For Sale
$5,250,000

115 Harbor Blvd La Habra, CA 90631

4.42 Acres, Mixed-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 4.42-acre property in La Habra, CA, presents a significant retail and development opportunity. Located at the southwest corner of Harbor Boulevard and Stearns, this 192,579 square foot site offers a vacant, 44-unit retail building with a 30-year NNN lease. The property is currently zoned for mixed-use, allowing for up to 50 units per acre, and the city encourages retail and restaurant development along Harbor and La Habra Boulevards. The site's strategic location boasts high traffic counts of 117,600 cars per day. The property is divisible, with one portion (79,704 sq ft) potentially suitable for separate development, leaving 112,875 sq ft for a variety of uses including retail, restaurants, apartments, townhomes, senior housing, or a mixed-use development. A portion of the property (72,875 sq ft) is available for ground lease at $450,000 annually, while another section (38,107 sq ft) is available for sale at $2,750,000 or ground lease. The remaining portion is offered for sale at $5,250,000. Note that the fire department mandates a 100-foot setback from Harbor Boulevard due to power lines. All aspects are subject to reconfiguration. This presents a unique chance to acquire a substantial property in a prime location with diverse development potential. The asking price for the entire property is $5,250,000.

Highlights

  • 4.42-acre retail and development opportunity in La Habra, CA.
  • Located at the southwest corner of Harbor Boulevard and Stearns, with 192,579 square feet.
  • Mixed-use zoning allowing up to 50 units per acre; city encourages retail and restaurant development.
  • High traffic count of 117,600 cars per day.
  • 79,704 sq ft ground lease available for $450,000 annually.
  • 72,875 sq ft portion available for sale at $5,250,000 or ground lease.

Property Details for 115 Harbor Blvd

Property type
Retail properties
Square Feet
192,579 SF
Lot Size (sq. ft)
192,535 SF
Units
44

Location Insight

City
La Habra
County
Orange
State
California
Latitude
33.9321125
Longitude
-117.93347

FAQs

What type of property is this?
Retail property - 4.42 Acres, Mixed-Use Potential
Where is the retail property located?
The property is located at 115 Harbor Blvd La Habra, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 4.42-acre retail and development opportunity in La Habra, CA.; Located at the southwest corner of Harbor Boulevard and Stearns, with 192,579 square feet.; Mixed-use zoning allowing up to 50 units per acre; city encourages retail and restaurant development.
How can I contact the broker?
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115 Harbor Blvd
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