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12911 Main ST Garden Grove, CA 92840
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Key Details
Sold Price $1,920,000
Property Type Commercial
Sub Type Specialty
Listing Status Sold
Purchase Type For Sale
Square Footage 4,300 sqft
Price per Sqft $446
MLS Listing ID PW21250993
Sold Date 03/11/22
HOA Y/N No
Year Built 1954
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Specialty
Property Description
WEIMER & ASSOCIATES is pleased to exclusively offer for sale the fully leased, iconic AZTECA MEXICAN RESTAURANT located on Historic Main Street in Garden Grove. This is a highly valued, NNN leased, investment opportunity which presents a great opportunity for an investor or 1031exchange buyer ready to achieve competitive returns with no management involvement. The restaurant has been operating successfully since 1980 under the supervision of the founding family, and then transferred to the current operators in 2014. Please contact Listing Agent for all details on the existing lease, addendums and options. The location of this fine commercial establishment is 12911 Main Street, and is positioned prominently in the center of the Garden Grove Downtown District. The property is situated in, and surrounded by a peaceful and charming, community atmosphere with multiple eateries, the Gem Theatre, Coastline Community College, Concord Medical College, Office Depot, Costco, Home Depot, Fire, Police and City Hall all within walking distance. Main Street events include the decades long Friday Night Car Show, The Sunday Morning Farmers Market, the yearly Garden Grove Strawberry Festival, the yearly Elvis Festival as well as numerous concerts at the LFA Amphitheater. 22 Garden Grove frwy is also only minutes away.
Location
State CA
County Orange
Area 63 - Garden Grove S Of Chapman, W Of Euclid
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Roof Type Rolled/Hot Mop
Building
Lot Description Level with Street, Rectangular Lot, Level
Story 1
Water Public
Others
Acceptable Financing Other
Listing Terms Other
Financing Other
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.5
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW CONTACT NAME Scott Weimer
SHOW CONTACT PH 7145340992
SHOW INSTRUCTIONS Call listing Broker for appointment
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Bought with Weimer & Associates