$503.89 Per Sq Foot $5,905 est/mo Sourced by Back At You

2208 N Main Street,Santa Ana, CA 92706

Santa Ana CA, 92706

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Description

FOR SALE! 2208 N Main St in Santa Ana! 100% leased, 3-unit commercial building with $79K+/year gross revenue, and $100K+ annual gross potential! - with a 4th bonus unit easily permitted that could earn $18K+/year additional, as well as a leasable 15-space parking lot with $6000+/year income possible. Showings by appointment only. Offers due Friday 5/24. Property is expansive with 2183 sq ft leasable indoor space and 12,632 sq ft lot and leasable 15-space parking lot. Building and anchor business frontage on Main Street and 5 freeway on/off ramp in Santa Ana - only 2-3 blocks from Santiago Park, Rancho Santiago Community College, Bower Museum, and Discovery Cube. 9-10 comparable commercial sales in the immediate area show an exceptionally well-priced property, in its combination of units, square footage, lot size, and parking! Sale includes 3 leased units with consistently paying tenants until 2026, paying $6500+/month combined rent, with steps ups to $7000+, and at least 5 parking spaces rentable at $100+/month for an additional $500+/month income. A 4th easily permitted, bonus unit is delivered vacant at close of Escrow and could rent at $1500+/month. Building and business are turnkey and ready to take over AND offer opportunities for value add and improvements to easily command higheru market rent and income given the location. Owners selling to retire. This property and business will sell quickly; be sure to view and make an offer ASAP!

Details

MLS#PW24070950
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1966
Days On Site37
Listing Provided ByKeller Williams Coastal Prop. 562-961-1400 | Jeb Middlebrook

Features

SQ Feet2,183
Story(s)1
Units10
Building(s)2
ZoningCOM-NEC
Acreage0.29

Market Activity 92706

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 14 seconds ago
StateCA
CountyOrange
CitySanta Ana
Zip Code92706
Area70 Santa Ana North of First
Listing VS Median (in 92706)
Price:
$1,100,000
low | high
Med:
$1,199,000
41% of Average
SqFt:
2,183
low | high
Med:
2,400
40.0595510765% of Average
$ / SqFt:
$504
low | high
Med:
$500
50.855416666667% of Average
On Site:
37
low | high
Med:
107.000000
34.579439252336% of Average
Sourced by Back At You
Listing Updated: May 24, 2024 at 7:06:57 PM PDT