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$ 2,799,000
Est. payment /mo
Active Under Contract
8891 Watson ST Cypress, CA 90630
0.45 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SB26048365
HOA Y/N No
Year Built 1986
Lot Size 0.450 Acres
Property Sub-Type Office
Property Description
This offering presents a rare opportunity to acquire a ±10,050 SF multi-tenant industrial/commercial property situated on a ±19,602 SF corner parcel in the highly desirable Cypress industrial market. The property offers excellent access, visibility, and functionality, with approximately 20 on-site parking spaces and significant yard area, making it well-suited for a variety of industrial and service-oriented uses. The building is currently 100% occupied and features individually metered electrical service for each tenant, providing operational efficiency and ease of management. The property includes a large ±5,350 SF flex suite, consisting of approximately ±4,000 SF of cold storage space. One of the suites could be delivered vacant, creating a rare owner-user or expansion opportunity. The property also benefits from a secured, fenced contractor yard, ideal for storage, logistics, or contractor-related operations. Majority of existing leases are currently below market, providing potential to increase cash flow through rental adjustments over time. The property has recently undergone roof replacement, HVAC upgrades, and window improvements, reducing near-term capital expenditure. Multi-tenant configuration with separate utilities and flexible suite sizes. Provides strong visibility, access, and operational efficiency for tenants. This offering represents a compelling opportunity for both investors seeking a stabilized asset with upside potential and owner-users looking for a strategically located facility with income in place.
Location
State CA
County Orange
Area 80 - Cypress North Of Katella
Zoning Commerical
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Community Features Gated
Roof Type Flat,Tile
Building
Lot Description Corner Lot, Street Level
Story 2
Water Public
Others
Tax ID 26241205
Security Features Gated Community
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Tamas Batyi Compass 323-236-6450, DRE #02053534
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