Brea (86) Homes with Retail Subtype

Brea (86) Homes with Retail Subtype

Welcome to Brea, California – a vibrant city nestled in the heart of Orange County, renowned for its perfect blend of suburban charm and urban convenience. With its picturesque streets, lush parks, and a thriving downtown area, Brea is a community that embraces both relaxation and excitement. Known for its rich artistic culture, Brea boasts an array of art galleries and theaters, providing residents with a unique cultural experience that enhances everyday life.

One of the most enticing aspects of Brea is its diverse real estate market, particularly the homes with a retail subtype. These properties offer an exceptional opportunity for those looking to combine residential living with entrepreneurial ventures. Imagine waking up in your beautifully designed home and stepping into your own retail space, all within the same property. This innovative living arrangement promotes a seamless work-life balance, allowing you to cultivate your business while enjoying the comforts of home.

Brea's strategic location provides easy access to major highways and public transportation, making it a commuter's dream. Residents can enjoy a plethora of shopping, dining, and entertainment options, including the popular Brea Mall and the vibrant Brea Downtown, known for its trendy boutiques and restaurants. With a strong sense of community and an array of amenities, Brea is the perfect place to establish roots and thrive.

Whether you're an entrepreneur seeking a unique property or a family looking for a welcoming neighborhood, Brea's homes with retail subtypes offer a remarkable opportunity to embrace the best of both worlds. Come experience the charm and convenience of Brea – where home and business harmoniously coexist!

Newest Brea (86) Homes with Retail Subtype

160 Olinda Place, Brea
$2,995,000
CV23200708 MLS ⋅ Active Status
Presenting a remarkable investment opportunity, this prime retail shopping center is now available for acquisition. Situated in a highly sought-after location, this property offers investors a strategic asset with a strong track record of performance and promising growth prospects. Strategically located in a high-traffic area with excellent visibility and accessibility, this shopping center is a cornerstone of the community and enjoys a consistent influx of potential customers. This shopping center boasts a total of +/-12,000 square feet on a spacious 3.68 acre lot. The center's diverse tenant mix includes a wide range of retail, dining, and service businesses. The shopping center offers ample parking with approximately 150 parking spaces, ensuring convenience for customers and tenants. The deferred maintenance presents an opportunity for the buyer to renovate and modernize the property, potentially increasing its leasing appeal and rental income. This could involve upgrading the façade, parking lot, enhancing landscaping, or improving common areas. Opportunities for expansion or redevelopment are available, allowing for additional revenue streams. Within the existing Neighborhood Commercial (C-N) zone, a senior living facility is permitted with the approval of a conditional use permit (CUP). Upon full or preliminary application submittal, the City’s development review team would consider this potential project’s compatibility with the site and surrounding neighborhood. A consideration for a facility provider may be proximity to a hospital or medical facility from the property. With regard to the potential of rezoning to a residential zone. A rezone to Single Family (R-1) is the most intensive residential density the City may be supportive of. Currently, the maximum density in the R-1 zone is 6 dwelling units per acre. A zone change would also require a general plan amendment, which is a legislative request that requires city council approval. At a minimum, this type of project application would require the preparation of an initial study by one of our environmental consultants to assess what type of environmental review is warranted. Buyers are advised to check with the City for all development possibilities!

160 Olinda Place, Brea
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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