11851 Gilbert Street, Garden Grove, CA 92841

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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.


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 11851 Gilbert Street
City Garden Grove
State CA
Zip 92841
County Orange
Listing Agent Kee Woon Lee DRE #01077991
Courtesy Of New Star Realty & Investment
List Price $2,300,000
Status Active
Type Commercial
Subtype Retail
Structure Size N/A
Lot Size 16,117
Year Built 1965

Listing information courtesy of: Kee Woon Lee, New Star Realty & Investment. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 22nd, 2024 at 8:01 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.