$2,300,000
11851 Gilbert Street
Garden Grove, CA, 92841
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.
Property Details
Price:
$2,300,000
MLS #:
PW24236769
Status:
Active
Baths:
0
Address:
11851 Gilbert Street
Type:
Commercial
Subtype:
Retail
Neighborhood:
62gardengrovenofchapmanwofeuclid
City:
Garden Grove
Listed Date:
Nov 19, 2024
State:
CA
ZIP:
92841
Year Built:
1965
Schools
Interior
Cooling
Central Air
Exterior
Stories Total
2
Water Source
Public
Financial
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Courtesy of New Star Realty & Investment. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 11851 Gilbert Street
Garden Grove, CA
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