$2,300,000
11851 Gilbert Street Garden Grove, CA 92841
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Kee Woon Lee • New Star Realty & Investment
$2,300,000
Est. payment /mo
6,120 SqFt
UPDATED:
11/23/2024 03:55 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,120 sqft
Price per Sqft $375
MLS Listing ID CRPW24236769
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Cooling Central Air
Fireplace No
Building
Water Public
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