Commercial property · 2 recorded sales since 2017
Listing Agent: Cameron Irons (DRE #01176224) · Listing Office: SVN / Vanguard · Contact: 714-446-0600 · Bought with: Cameron Irons · SVN / Vanguard · MLS #PW20060566 · Source: CRMLS
A freestanding, two story, office and former educational building which can also be used for any industrial purpose - located in the affluent Orange County Submarket of Garden Grove. The AES Building, formerly, The Newton International College Building, lies in close proximity to both residential and commercial density along with a friendly community with strong demographics, diversity and strong ethnicity characteristics. Furthermore, the building is located within one of Garden Grove's industrial districts and ideally located between Orangewood Avenue and Chapman Avenue. The AES Building is currently a 100% air controlled, 2-story educational "flex" building with approximately 15 offices and classrooms combined with multiple restrooms strategically situated on both the first and second floors. There are approximately 50 parking stalls onsite which provides a unique opportunity for any owner/user looking to purchase for a multitude of any office, industrial, or educational purposes. The property is ideally located on a corner parcel at the intersection of Blades Ave and Monarch St, with immediate access to the Garden Grove (22) and San Diego (405) Freeways and within close proximity to the San Gabriel River (605), Artesia (91), Santa Ana (5) and Orange (57) Freeways. Traditional two story configuration is conducive to high occupancy, optimal rents and low tenant improvement costs over the term of ownership keeping capital expenditures to a minimum.
Listing description from the March 2021 sale, as reported to CRMLS.