11851 Gilbert Street, Garden Grove CA, 92841

Active

11851 Gilbert Street

Garden Grove CA, 92841

$2,300,000

$375.82 per sqft

Active

6,120 sqft

Commercial

Built in 1965

Listed by Kee Woon Lee with New Star Realty & Investment 714-865-8989

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 fully 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.

PW24236769

MLSⓇ ID

November 19, 2024

Listed

November 20, 2024

Updated

Map

11851 Gilbert Street
Garden Grove CA, 92841

Interior Features

Total Stories: 2
Laundry Description: None
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: No

Exterior/Building Features

Lot Size: 0.37 Acres

Other Property Details

Area Name: 62 - Garden Grove N of Chapman, W of Euclid
Days on Market: 1
Garage: No
View: No
County: Orange
Water Source: Public
Pool: No

Listing Contact: 714-994-3377

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/20/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 11/20/2024 at 9:03 PM UTC