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Investment Highlights

  • Rare Freestanding Restaurant in Old Towne Orange — Steps from the Orange Circle
  • 4,420 SF Total Usable Area (3,336 SF Building + 1,084 SF Covered Outdoor Patio)
  • 450 Feet from Orange Metrolink Station | 0.4 Miles from Chapman University
  • Turnkey Second-Generation Restaurant — Fully Equipped Commercial Kitchen In Place
  • 20 On-Site Parking Spaces — Critical & Hard to Replicate in This Submarket
  • Flexible Two-Unit Configuration — Restaurant + Retail/Second Unit

Executive Summary

Rare Freestanding Restaurant Opportunity | Old Towne Orange | $2,950,000
528 W. Chapman Ave presents a unique opportunity to acquire a turnkey, freestanding restaurant property steps from the Orange Circle in one of Orange County's most established dining and retail destinations — Old Towne Orange.
The Property
- 3,336 SF building | 1,084 SF covered outdoor patio | 4,420 SF total usable area
- 12,683 SF lot | 20 on-site parking spaces
- Two-unit configuration: 2,632 SF restaurant + 704 SF retail/second unit
- 106 total seats (72 indoor + 34 outdoor)
- Fully equipped commercial kitchen with hood & ventilation — turnkey ready
- Covered outdoor dining patio (±897 SF) with seamless indoor-outdoor flow
- Built-in TVs, ceiling fans, HVAC, and character-rich interior finishes
- Freestanding pole sign — grandfathered, hard to replicate under current zoning
The Location
- 450 feet from Orange Metrolink Station
- 0.4 miles from Chapman University
- Steps from the Orange Circle — a premier high-foot-traffic destination
- Surrounded by top-performing restaurants, cafés, and boutique retail
- Strong daytime and evening traffic drivers
-Walkable, destination-oriented environment
The Zoning
OTMUC-24 (Old Towne Mixed Use 24) — supports continued restaurant use while preserving future mixed-use redevelopment optionality. A strategic advantage for long-term investors and developers.
Ideal For
- Owner-user restaurant operators — move in and operate with minimal buildout cost
- Regional restaurant groups seeking to own their real estate
- Private investors seeking stable, infill commercial assets
- Developers exploring mixed-use repositioning
Why This Asset Is Scarce
Freestanding restaurant buildings with on-site parking, a grandfathered pole sign, covered outdoor patio, turnkey kitchen, and mixed-use zoning flexibility rarely come to market in Old Towne Orange. This is not a shopping center endcap — it is a fully independent, high-visibility property with operational infrastructure already in place and long-term upside built in.
Contact the listing broker for the offering memorandum, tour scheduling, or additional information.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,336 SF
Building Class
C
Year Built
1940
Price
$4,028,697 CAD
Price Per SF
$1,207.64 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.27 AC
Zoning
OTMUC-24 (Old Towne Mixed - The Zoning OTMUC-24 (Old Towne Mixed Use 24) — supports continued restaurant use while preserving future mixed-use redevelopment optionality.
Parking
20 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
151’ on Chapman Ave

Amenities

  • Courtyard
  • Pylon Sign
  • Restaurant
  • Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

Flame Broiler
Snooze an A.M. Eatery
Wahoo's
Philz Coffee
CrossFit
Starbucks
Chase Bank
Citizen's Business Bank
Ralphs
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
390-674-07
Land Assessment
$793,178 CAD
Improvements Assessment
$139,957 CAD
Total Assessment
$933,135 CAD
  • Listing ID: 40235564

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 528 W Chapman Ave, Orange, CA 92868

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