

Anaheim 2-Tenant Retail / Office Investment Opportunity
Well-Located 2-Tenant Commercial Asset | 1,204 SF
Marketing description
Cushman & Wakefield is pleased to offer for sale 306 N State College
Blvd, Anaheim, CA (the Property); a 1,204 square-foot retail building on a 0.14-acre site
comprised of 2 units, that is located along North State College, in the City of Anaheim,
California. The area surrounding the subject property is predominantly suburban single family
homes, retail centers, schools, and parks.
Investment highlights
VERSATILE DUAL UNIT CONFIGURATION
• Unit A spans approximately 715 square feet, while Unit B covers approximately 490 square feet. Both units feature updated bathrooms with modern tile finishes and spacious storage closets.
• The dual-unit layout offers flexibility, providing the owner/user the option to potentially rent out the secondary unit, with local rental rates averaging $3 per square foot.
• Notably, the two units are designed for adaptability, easily convertible into a single unit. The modern interior features hardwood-style flooring, elegant picture frame wall molding, and a fresh coat of paint, creating a contemporary and welcoming atmosphere.
• Recent updates extend to the exterior, showcasing a newly painted facade.
CENTRAL ANAHEIM LOCATION
• Built in 1953, this property exudes timeless charm and has been well maintained over the years.
• Zoned as General Commercial, it presents a myriad of possibilities, including retail businesses, financial services, medical and dental offices, sports studios, and educational facilities.
• Strategically situated, the property is within a brief 3-minute drive from the 57 freeway via Lincoln Ave and the 91 freeway via State College Blvd, ensuring seamless and convenient accessibility.
VISIBILITY, SIGNAGE & PARKING
• Positioned on N State College, nestled between the bustling corridors of E La Palma Ave and E Lincoln Ave, the property commands attention with a combined daily car count of 38,000 vehicles.
• Heightening visibility, a well-sized pole sign graces the lively street front, ensuring prominence in this high-traffic locale.
• Providing practicality and security, the property boasts twelve parking spaces on a solid concrete driveway, all safeguarded by a chain-link fence.
• A noteworthy opportunity for improvement arises, as the neighboring property owner at 300 N State College expresses interest in exploring the addition of a vehicle exit lane on the shared southern portion of the property. This potential enhancement aims to streamline traffic flow, allowing vehicles to exit directly onto N State College.
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