Garden Grove Homes with Retail Subtype

Located in Orange County, California, Garden Grove is a vibrant city that offers a fantastic quality of life for its residents. Known for its diverse population and rich cultural heritage, Garden Grove is a thriving community with plenty to offer.

Situated in the heart of Southern California, Garden Grove benefits from its close proximity to major cities like Los Angeles and Anaheim. This makes it an ideal location for those seeking a suburban lifestyle with easy access to urban amenities. With its convenient location near major freeways, residents can easily commute to work or explore the surrounding areas.

One unique aspect of Garden Grove is its homes with a retail subtype. This means that some residential properties in the city also have retail spaces within or adjacent to them. This offers a great opportunity for homeowners who want to combine their living space with a small business or retail venture. Whether it's a home-based bakery, boutique shop, or a cozy café, these properties provide a convenient and flexible option for entrepreneurs.

In addition to its residential and retail offerings, Garden Grove boasts a variety of recreational amenities. The city is home to several parks, including the popular Garden Grove Park, which features sports fields, picnic areas, and playgrounds. Residents can also enjoy a wide range of dining options, shopping centers, and entertainment venues, ensuring there's always something to do.

Overall, Garden Grove is a dynamic city that combines residential living with retail opportunities. With its prime location in Orange County, residents can enjoy the best of both worlds – a peaceful suburban lifestyle and easy access to the bustling urban centers nearby.

Newest Garden Grove Homes with Retail Subtype

$3,840,000

PW23218201 MLS ⋅ Active Status

Owner will lease back 15 year plus (2) 5 yr option Buyer also can offer business and property. The asking price of business is 1.0 mil. Close from Freeway C-22 On Garden Grove Blvd between Beach Blvd and Brookhurst St.

9202 Garden Grove Boulevard, Garden Grove

$7,950,000

CV23176589 MLS ⋅ Active Status

This value add property in the heart of Garden Grove is ready for an owner to properly manage as the tenant mix can be improved, rents are under market and the owner is not collecting CAM. The property consists of 4 buildings and tenants totaling 21,368 SF on a large 1.87 acre lot which, potentially, allows for development opportunity. There are 3 restaurant/café tenants that drive traffic to the property. There is great upside potential with increased rent and CAM reimbursement as the tenants were mostly leased up during the Pandemic. Property is 100% leased with some tenant leases expired or expiring soon. Cap Rate: 5.25% (as-is) 6.52% (proforma not including CAM reimbursement) Gross Scheduled Income: $612,548 ($740,406 proforma ) per year Price/SF: $372.05 Owner is in process of improving the property including aesthetic upgrades, increasing income, and expense reimbursement so that the financials will noticeably improve over time. See offering memorandum for more information. Contact listing agent for the most up to date information.

9252 Garden Grove Boulevard Unit 1, Garden Grove

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.