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9961 Garden Grove Boulevard

Garden Grove, CA 92844
  • $2,100,000
  • STATUS: Active
  • ON SITE: 952 Days
  • ID#: OC19239843
UPDATED: 57 min ago
$2,100,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,448
    SQFT
  • $858
    $/SQFT

School Ratings & Info

Listing Agent(s): Justin Yee of Century 21 Masters (949-572-2100)


Description

Unique Opportunity For Development, Conversion, or Expansion of Existing Flourishing Automotive Business in the Prime Section of Garden Grove! With Large Adjacent Developments Already Underway Nearby, Capitalize on this Investment of Prime Location on the Corner of Garden Grove Blvd and Brookhurst Way! Auto Tech is a long-term profitable business in this location for over 20 years with large customer base and available improvement for the next owner. Existing business is based upon auto repair, oil changing service, brake service, car maintenance, smog servicing, and has a history of performance and can continue from the many established years and professional management. With infrastructure of 2 lifts, dynamometer, 4 service bays, smog equipment, and under ground servicing corridors this location is highly trafficked and desirable due to the local surrounding businesses. Plenty of parking and ample lot size provide customer and storage space as well as possible room for future development with the right plans. Zoned GGMU2, a Mixed Use Commercial Zoning, this provides investors and developers alike a mixed multi-unit building chance of commercial and/or residential purpose. For More Details, Inquire by Calling Listing Agent Directly Before this Moment is Seized by Another Savvy Buyer!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T15:35:33.59. 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 deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
www.themmteamrealty.com/homes/99952961
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9961 Garden Grove Boulevard Garden Grove, CA 92844

  • Price: $2,100,000
  • Status: Active
  • On Site: 952 Days
  • Updated: 57 min ago
  • ID#: OC19239843
0
Beds
0
Baths
0
½ Baths
0.39
Acres
2,448
SQFT
$858
$/SQFT
1957
Built
Neighborhood:
63 - Garden Grove S of Chapman, W of Euclid
County:
Orange
Area:
63 - Garden Grove S of Chapman, W of Euclid
Property Description
Unique Opportunity For Development, Conversion, or Expansion of Existing Flourishing Automotive Business in the Prime Section of Garden Grove! With Large Adjacent Developments Already Underway Nearby, Capitalize on this Investment of Prime Location on the Corner of Garden Grove Blvd and Brookhurst Way! Auto Tech is a long-term profitable business in this location for over 20 years with large customer base and available improvement for the next owner. Existing business is based upon auto repair, oil changing service, brake service, car maintenance, smog servicing, and has a history of performance and can continue from the many established years and professional management. With infrastructure of 2 lifts, dynamometer, 4 service bays, smog equipment, and under ground servicing corridors this location is highly trafficked and desirable due to the local surrounding businesses. Plenty of parking and ample lot size provide customer and storage space as well as possible room for future development with the right plans. Zoned GGMU2, a Mixed Use Commercial Zoning, this provides investors and developers alike a mixed multi-unit building chance of commercial and/or residential purpose. For More Details, Inquire by Calling Listing Agent Directly Before this Moment is Seized by Another Savvy Buyer!
Exterior Features

Construction Materials ConcreteStucco Entry Level 1 Fencing Block Lot Features Street LevelFlat Open Parking Spaces 25 Parking Total 25 Sign On Property YN No Topography Level

Interior Features

Building Features Phone System Cooling See RemarksWall/Window Unit(S) Cooling YN Yes

Property Features

Additional Parcels YN No Building Name Auto Tech Business Type Auto PartsAuto Repair-SpecialtyAuto ServiceMixedSpecial Use Cap Rate 7 Common Interest None Electric 220 Volts in GarageStandard220 Volts220 Volts in Workshop Electric Expense 3200 Gross Scheduled Income 240000 Inclusions EquipmentLiftsDynamometerSmog Testing Equipment And Computer Insurance Expense 3400 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer Hookup Lease Considered YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventionalContractLease BackLease OptionOwner Will CarryOwner May CarrySubmit Maintenance Expense 2000 Net Operating Income 147460 Operating Expense 92540 Property Sub Type Mixed Use Security Features Closed Circuit Camera(S)Carbon Monoxide Detector(S)Fire Detection SystemSmoke Detector(S) Special Listing Conditions Standard Tax Year 2018 Trash Expense 900 Utilities Cable ConnectedElectricity ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 2600 Water Source Public Zoning Ggmu3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T15:35:33.59. 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 deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
 
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The M&M Team Realty
9230 Mayne St
Bellflower CA, 90706
Listing Agent(s): Justin Yee of Century 21 Masters (949-572-2100)