$2,900,000

Rare 22,605 SF (0.52 AC) C-1 zoned parcel on high-traffic N. Orange Olive Rd in the heart of Orange (approx. 9,300+ cars/day per City of Orange counts). The deep, level, rectangular lot offers wide street frontage, a tall pylon sign, and only about 9% lot coverage, leaving roughly 14,000 SF of surplus paved land ready for your vision. C-1 zoning supports a wide range of retail, office, and service commercial uses, making the site ideal for a new pad building, multi-tenant retail or office, sit-down or quick-service restaurant, coffee or drive-through concept, car wash, or fleet/vehicle storage (certain uses subject to City approval). Seller reports the site carries an existing drive-through entitlement, a major advantage for QSR and coffee users. California housing laws (AB 2011 / SB 6) may also open the door to multi-family or mixed-use residential on commercially zoned land, creating future development upside. The sale also includes the existing approx. 2,109 SF free-standing building and the long-established Lighthouse Laundromat business with all equipment, so a buyer can collect income today while planning tomorrow. Surrounded by dense single- and multi-family housing with an established industrial corridor across the street, providing a built-in customer base and daytime workforce. Perfect for developers, investors, 1031 exchange buyers, and owner-users. Also listed as Commercial Sale. Lease may be considered. Buyer to verify zoning, permitted uses, entitlements, and all property information with the City of Orange.