Excellent Redevelopment Opportunity

685 S. Brea Boulevard Brea, CA 92821

685 S. Brea Boulevard, Brea, CA, 92821
685 S. Brea Boulevard, Brea, CA, 92821
FOR SALE
Property Type:
Street Retail
Amount:
$3,800,000
Last Verified:
Mar 07, 2019


Description

PARKING
The asset provides 65 parking stalls, which equates to 10:1,000 SF parking ratio.
The property consists of a one (1) story retail building totaling approximately 6,535 SF of rentable area.

ZONING
Per the city of Brea, the subject property is currently zoned Mixed - Use III and has the potential for commercial and residential uses. Prime corner for higher intensity use; ideal for a live/work development.

The asset is located at 685 S Brea Boulevard in Brea, California. It is situated on the southwest corner of Brea Boulevard and Fir Street and can be accessed by the 57 Freeway off of Imperial Highway.

The site benefits from 300 feet of frontage along Fir Street and 150 feet of frontage along Brea Boulevard. Brea Boulevard is the City’s main thoroughfare.

The property is located just minutes from Downtown Brea and boasts over 150 feet of street frontage on south Brea Boulevard.

Brea is located in north Orange County, bordering Riverside, San Bernardino and Los Angeles counties. Fullerton is located just south of Brea and Yorba Linda is located to the east.


Year Built: 1957
Building Size: 6553.0sq ft
Lot Size: 0.98 acres

Map of 685 S. Brea Boulevard, Brea, CA, 92821

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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