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 $4,977,000 CAD 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 | $4,977,000 CAD | Lot Size | 0.21 AC |
| Price Per AC | $23,688,608 CAD |
| Price | $4,977,000 CAD |
| Price Per AC | $23,688,608 CAD |
| 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 | $30,915 CAD |
| Land Assessment | $2,192,071 CAD | Total Assessment | $2,222,986 CAD |
PROPERTY TAXES
Parcel Number
089-213-38
Land Assessment
$2,192,071 CAD
Improvements Assessment
$30,915 CAD
Total Assessment
$2,222,986 CAD
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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