12885 Main St - Main Street Shovel-Ready Development
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12885 Main St - Main Street Shovel-Ready Development
0.21 Acres of Commercial Land Offered at £2,741,550 in Garden Grove, CA 92840
Investment Highlights
- Heavy Daytime Traffic, Walker's Paradise
- Dense and Affluent Demographics
- Fully Approved and Permitted, Shovel Ready
- Urban Infill Location
Executive Summary
Marcus & Millichap is pleased to present Smallwood Plaza, a Shovel-ready Mixed-Use Development Opportunity located in the Historic District of Garden Grove, California.
The opportunity includes a 9,152 Square Feet parcel that fronts 75 feet on Main Street. Included in the sale are fully Approved Plans and Building Permits to construct a Three-story Mixed-use Project including 3,888 square feet of Ground-floor Retail and 8,810 SF of Nine Luxury apartments, eight of which are 2 bedrooms, 2 bathrooms and one is 2 bedrooms, 1 bathroom, totaling 12,698 SF of Rentable Square Feet.
Ownership has completed extensive site preparation, including clearing, grading, and work related to land use approvals, permits, geotechnical studies, and environmental assessments. These improvements will be included in the sale.
The opportunity includes a 9,152 Square Feet parcel that fronts 75 feet on Main Street. Included in the sale are fully Approved Plans and Building Permits to construct a Three-story Mixed-use Project including 3,888 square feet of Ground-floor Retail and 8,810 SF of Nine Luxury apartments, eight of which are 2 bedrooms, 2 bathrooms and one is 2 bedrooms, 1 bathroom, totaling 12,698 SF of Rentable Square Feet.
Ownership has completed extensive site preparation, including clearing, grading, and work related to land use approvals, permits, geotechnical studies, and environmental assessments. These improvements will be included in the sale.
Property Facts
1 Lot Available
Lot
| Price | £2,741,550 | Lot Size | 0.21 AC |
| Price Per AC | £13,048,724 |
| Price | £2,741,550 |
| Price Per AC | £13,048,724 |
| Lot Size | 0.21 AC |
Shovel-ready Mixed-Use Development Opportunity located in the Historic District of Garden Grove, California. The opportunity includes a 9,152 Square Feet parcel that fronts 75 feet on Main Street.
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Walk Score ®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 089-213-38 | Improvements Assessment | £17,114 |
| Land Assessment | £1,213,454 | Total Assessment | £1,230,567 |
PROPERTY TAXES
Parcel Number
089-213-38
Land Assessment
£1,213,454
Improvements Assessment
£17,114
Total Assessment
£1,230,567
zoning
| Zoning Code | CC-2 (Mixed Use) |
| CC-2 (Mixed Use) |
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12885 Main St - Main Street Shovel-Ready Development
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