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8132 Garden Grove Blvd - 8132 Garden Grove 9,036 SF Specialty Building Offered at $4,999,999 in Garden Grove, CA 92844

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INVESTMENT HIGHLIGHTS

  • Perfectly positioned in a neighborhood bustling with cultural diversity and economic growth.

EXECUTIVE SUMMARY

The property with appx. 9,036 sf of building size and 47,916 sf of land is for sale in Garden Grove.
Currently using as a church. Located on the southwest corner of Garden Grove Blvd and Coast St. The cap rate is 0 since this is a church but costar does not allow N/A or zero so 1% is a place holder. This property includes a free-standing one-story religious building with an internal loft/2nd floor office area, and a large open parking area. There are two ground floor multi-purpose rooms/offices, and two ground floor multi-fixture restrooms. The second floor area contains two additional restrooms, several private rooms used for clergy purposes, and an open multi purpose room with a glass enclosed view of worship area. There are two interior stairways for vertical access. The ground floor worship area has a split height ceiling design around between 17 and 26 feet in height. A side room to the south has exterior doors. The large paved parking area south of religious building can accommodate a total 92 vehicle parking during services, with access from Coast St to the east.
The zoning classification of the property is MU-1(mixed use):commercial and residential mixed-uses are permitted. Buyer is responsible to check out the zoning and use from the city. Excellent opportunity to look for the church use(Buyer needs to check out the church use from the city.), commercial development or residential development for this property with the land size of 47,916 sf in MU-1 zone on the corner lot of Garden Grove Blvd and Coast St.

PROPERTY FACTS Under Contract

Price $4,999,999
Price Per SF $553.34
Sale Type Investment or Owner User
Sale Condition 1031 Exchange
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 1.07 AC
Building Size 9,036 SF
No. Stories 1
Year Built 1965
Tenancy Single
Parking Ratio 10.18/1,000 SF
Zoning MU-1 zone - MU-1(mixed use):commercial and residential mixed-uses
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
096-282-07
Land Assessment
$3,277,260
Improvements Assessment
$676,260
Total Assessment
$3,953,520
  • Listing ID: 27354236

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 8132 Garden Grove Blvd, Garden Grove, CA 92844

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