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$495,000
1,003 Sqft
57,063.60 Sqft lot

1122 E Lincoln Avenue 213, Orange, California 92865

  • Commercial Sale Property Type
  • 12 Days Time on market
  • $494 Price per sqft
  • 1984 Year Built
Property Description

FOR SALE. An excellent investment, income-producing opportunity with great return. Rare opportunity to purchase a professional office condo, occupied, within the 40+ commercial condominium building known as the Lincoln Professional Center in Orange, CA. The building is beautifully maintained, right off the I-91 & I-55 freeway interchange with several levels, elevators and garden-style construction and architecture. The Class B building was built in 1984 with ample parking, over 40 condos of mixed uses comprising of medical and professional services, all professionally managed. Nearby retail, residential and other professional services.

Condo #213 is ±1,003 square feet, located on the second floor on the outside level with 2 private offices and 3 separate rooms with common doors in between. The Condo has updated flooring, paint and great natural lighting. The Condo is conveniently located right next to the common restrooms, staircase to the bottom floor, and the parking lot.

The tenant is long-term with initial lease expiring in 2032 with an option to extend thereafter. Annual increases allow for 3% increases to rent with all utilities paid by tenant. Call Agent for additional information.

Basic Details
Commercial Sale
Buy
HD24083205
$495,000
1,003 Sqft
1984
57,063.60 Sqft
Active
Office
Features
: Central
: Central Air
$0
: Flat
Address
CA
Orange
Orange
92865
1122 E Lincoln Avenue 213
1122
Avenue
0
W118° 9' 28.6''
N33° 50' 10.4''
E
Additional Information
12
3
1
1,003 Sqft
0 Sqft
0 Sqft
1.31 Sqft
1.31 Sqft
0 Sqft
93828090
$3,577
$0
$0
$0
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
26/04/2024 14:10:50
$0
: Standard
Cash,Conventional,Submit
From the I-91, merge to I-55 south and exit E Lincoln Ave and turn right; property will be on the left hand side;
Rigel Capital
Tony Scafidi
HD8184
HD19762
: Elevators
$0
5
1
: Level
2023
1
: Lincoln Professional Center
: Square Feet
: Condominium
1
: Square Feet
Fire Sprinkler System
213
US-06059-N-93828090-R-N
Office
01/05/2024 23:19:05
Lincoln
72 - Orange & Garden Grove, E of Harbor, N of
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