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13089 Century Blvd 2,960 SF Retail Building Garden Grove, CA 92843 $1,695,000 ($572.64/SF) 5.10% Cap Rate
Investment Highlights
- Opportunity to acquire both the real estate and the operating auto repair business
- Single-tenant building with versatile layout and ability to subdivide into 3-unit multi-tenant building with individual bathrooms
- 186 feet of unobstructed frontage on Century Blvd with outstanding 13,000+ vehicles per day
- 2,960 SF building positioned for automotive use
- Located in the desirable Garden Grove submarket with strong surrounding residential density
- Surface parking available on site
Executive Summary
Turnkey owner-user opportunity in Garden Grove's automotive corridor. This dual-asset sale conveys a 2,960 SF freestanding service building on a 7,461 SF (0.17 AC) lot, zoned GGMU-2, together with the established on-site automotive repair business (Garden Grove Radiator, A/C & Auto Repair) — allowing a buyer to acquire and step directly into both the real estate and an active, revenue-generating operation.
Built in 1955, the facility is equipped with 4 bays, including two dedicated alignment bays, supporting a full-service repair operation with no retrofit required. Well suited to an owner-operator seeking to occupy and run the business, with the combined acquisition eligible for SBA financing. Centrally located along Century Blvd with strong traffic exposure and convenient access to the 22 and 405 freeways.
Offered at $1,700,000 (real estate and business combined).
Built in 1955, the facility is equipped with 4 bays, including two dedicated alignment bays, supporting a full-service repair operation with no retrofit required. Well suited to an owner-operator seeking to occupy and run the business, with the combined acquisition eligible for SBA financing. Centrally located along Century Blvd with strong traffic exposure and convenient access to the 22 and 405 freeways.
Offered at $1,700,000 (real estate and business combined).
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,960 SF
Building Class
C
Year Built
1955
Price
$1,695,000
Price Per SF
$572.64
Cap Rate
5.10%
NOI
$86,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.17 AC
Zoning
GGMU-2 - Garden Grove Boulevard Mixed Use
Parking
7 Spaces (1.89 Spaces per 1,000 SF Leased)
Frontage
186’ on Century Blvd
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 099-093-08 | Improvements Assessment | $215,167 |
| Land Assessment | $222,860 | Total Assessment | $438,027 |
Property Taxes
Parcel Number
099-093-08
Land Assessment
$222,860
Improvements Assessment
$215,167
Total Assessment
$438,027
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13089 Century Blvd