Orange, CA 92866 608 E Palm Ave.

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Presented By: Richard RJ Green with RE/MAX TerraSol; 949-939-2289
  • MLS# OC24031155
  • 02/14/2024
  • Request Tour
  • Request Info
  • FootageSQFT • 1,700

Home Details

Introducing the opportunity of a lifetime! The iconic Palm Market and Deli with Beer and wine, nestled in the heart of the historic City of Orange, is now up for grabs. Once owned by the esteemed Mr. Chapman himself, this establishment boasts a rich legacy and a prime location by Chapman College. With over $600k poured into its recent renovation, the Palm Market and Deli shines with pride of ownership. Take a peek at the photos and witness the meticulous care and attention to detail evident in every corner. Currently having wine tastings and helping the community in many ways. But that's not all – downstairs, you'll find a thriving business waiting to flourish under new ownership. And upstairs? A beautifully renovated 3-bedroom, 2-bathroom apartment complete with a sunroom and a separate entrance, offering the potential for owner occupancy or lucrative rental income. Equip yourself for success with all the tools you need – every piece of equipment in the business is recently purchased and fully owned, not leased, ensuring complete control and flexibility. Simply add inventory, and you're ready to hit the ground running with this turnkey operation. Don't miss out on this once-in-a-lifetime opportunity to own a piece of history and embark on your next business adventure. Reach out today to seize the keys to the Palm Market and Deli with Beer and Wine – your gateway to success awaits!
Presented By: Richard RJ Green with RE/MAX TerraSol; 949-939-2289

Interior Features for 608 E Palm Ave.

Other Interior Features

LivingAreaSourceOther
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo

General for 608 E Palm Ave.

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeLiquorStore
Carport Y/NNo
CityOrange
CountyOrange
Days on Market23
DirectionsJust East of N. Cleveland and E. Palm Ave.
Garage Y/NNo
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
MLS AreaOTO - Old Towne Orange
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionOwner
Operating Expense501105.0
Other StructuresLivingQuarters
Ownership TypeLLC
Private PoolNo
Property Attached Y/NNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActiveUnderContract
StatusActiveUnderContract
Street NamePalm Ave.
Total Actual Rent4000.0
View Y/NNo
Waterfront Y/NNo
Year Built SourceOther

Exterior for 608 E Palm Ave.

Building Area Total1700.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Open Parking Y/NNo
SpaNo

Additional Details

Price History

1527188455

First Team Client Services

Price $548,000
MLS#OC24031155
List Date 02/14/2024
Property Type Business Op
Phone 714.964.3311
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