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$2,300,000
Est. payment /mo
0.37 Acres Lot
UPDATED:
12/05/2024 02:30 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW24236769
HOA Y/N No
Year Built 1965
Lot Size 0.370 Acres
Property Description
Retail and Office property in Garden Grove located on Gilbert and Chapman Ave. This commercial property has 12 tenants in 2 stories(1 unit vacant). The first floor has retail tenants and the second floor has the office use tenants. The total building size is 6,120 sf and the lot size is 16,116 sf. There is ample parking with 23 parking spaces in the back of the building. This very excellent opportunity to investors is occupied by offices and retail business with long term presence. Also the current rent is low. Excellent cap rate with upside potential. This property is located at a busy signalized intersection of Gilbert St and huge parking lot facing major retail center anchored by WALMART and 24 Hr Fitness.
Location
State CA
County Orange
Area 62 - Garden Grove N Of Chapman, W Of Euclid
Interior
Cooling Central Air
Fireplace No
Laundry None
Building
Story 2
Water Public
Others
Tax ID 13242330
Special Listing Condition Standard
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Listed by Kee Woon Lee • New Star Realty & Investment • 714-865-8989
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908