$259,000
21 Veterans Way
Beds
—
Baths
—
Sqft
—
Year
2015
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Opportunity awaits in the heart of Placentia’s growing business district. This impressive 3200 sq ft commercial building, built in 2015, offers exceptional flexibility for entrepreneurs, investors, or business owners looking to establish themselves in a vibrant community. Zoned for a variety of commercial uses and equipped with two electrical meters, the building was previously configured for two separate businesses, making it ideal for multiple tenants, owner-occupied with rental income, or a wide range of retail, office, service, or studio concepts. Inside, the space offers the versatility to customize to your needs, while outside the property includes an additional approved lot, providing excellent potential for expanded parking, outdoor space, or future development opportunities. Located in the town of Placentia, a key service hub for the surrounding Placentia Bay region . This property benefits from steady local traffic, nearby businesses, and continued community investment. Whether you're launching a new venture, expanding an existing business, or looking for a solid commercial investment, this property delivers the space, location, and flexibility to make your vision a reality. The possibilities here are truly endless. Arrange your private viewing today and explore the potential for your next business venture. (id:65958)
- Subtype
- Retail
- Structure
- Commercial Mix
- Common interest
- Freehold
- Living area
- 3,200 square feet
- Lot dimensions
- 100x125x160
- On market
- Apr 13, 2026
- Status changed
- Apr 13, 2026
- Annual tax
- $1,200
- Zoning
- Comm
- Photos
- 28
- MLS#
- 1296107
- Area
- PLACENTIA
Features and systems
Heating
Flooring
View
Cash on cash
11.27%
Cap rate
8.14%
GRM
9.0
Break-even rent
$1,888
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Placentia. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.