Description
The property is located on Harbor Blvd(53,607 Average Daily), between 1st Street (29,943 ADT) and Westminster Ave.(27,652 ADT). Property also benefits from the proximity of the Residential and Commercial density because it satisfies the daytime and evening customer demands. The 1020 N Harbor Blvd will benefit from the City of Santa Ana OC Streetcar Project as well. It is great if you need a long term investment or if you're a developer seeking to do a future. Project. Cost will be reduced during the Entitlement Process by the collection of rents until Final Approvals are granted. The property consists of 3 long term Tenants. 1 month to month, the remaining two are on leases. Never a problem to lease out space as the area is always in high demand. It is becoming easier because the zoning has become Mixed Use and many auto uses are being priced out. Specs for development and density for Transit Node (TN), Corridor (CDR), and Neighborhood Transitional (NT) are in the provided links.
Location
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Listing Agent: Tom Truong Courtesy of: Real Estate Source Inc The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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