Brea Homes with Retail Subtype

Brea Homes with Retail Subtype

Welcome to Brea, California – a vibrant city nestled in the heart of Orange County! Known for its picturesque surroundings, Brea is a delightful blend of suburban charm and urban convenience. With its stunning views of the nearby hills and a rich cultural scene, this city offers an exceptional quality of life for residents and visitors alike.

Brea is not just a place to live; it's a community that thrives on creativity and innovation. The city boasts a thriving arts scene, with the Brea Art Gallery and the Brea Improv attracting talent from all over. Additionally, the Brea Mall and the bustling Downtown Brea area are home to an array of retail shops, dining options, and entertainment venues, making it a hub for social activity.

For those seeking a unique investment opportunity, Brea’s homes with retail subtypes present an exciting prospect. These properties seamlessly blend residential living with the potential for commercial use, allowing homeowners to operate their businesses right from the comfort of their own homes. Imagine waking up in your beautifully designed space and stepping into your own boutique or café! This versatility is particularly appealing in a city like Brea, where foot traffic and community engagement are high.

Whether you’re drawn to the charming neighborhoods, the dynamic economy, or the artistic spirit of Brea, this city has something for everyone. Explore the possibilities of living and working in this thriving community, and discover why Brea is the perfect place to call home!

Newest Brea Homes with Retail Subtype

$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.