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.
Price reduced for quick sale, store has a ABC liquor license, selling lottery, and a refill water machine. Store is over 1000 sqft, low rent, closed to gas station... Come and see.
The median home value in Garden Grove, CA is $814,300. This is lower than the county median home value of $1,008,200. The national median home value is $338,100. The average price of homes sold in Garden Grove, CA is $814,300. Approximately 52.22% of Garden Grove homes are owned, compared to 45.07% rented, while 2.71% are vacant. Garden Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Garden Grove real estate agent to arrange a tour today!
Garden Grove, California 92841 has a population of 172,708. Garden Grove 92841 is less family-centric than the surrounding county with 32.12% of the households containing married families with children. The county average for households married with children is 34.78%.
The median household income in Garden Grove, California 92841 is $78,046. The median household income for the surrounding county is $100,485 compared to the national median of $69,021. The median age of people living in Garden Grove 92841 is 39.1 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 46.3 degrees. The average rainfall is approximately 13.3 inches per year, with 0 inches of snow per year.