2208 N Main Street, Santa Ana, CA 92706

About this commercial property

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!

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history

$1,000,000

Sold June 2024 · listed $1,100,000, on market March 2024 · MLS #PW24070950 · Source: CRMLS

Listing Agent: Jeb Middlebrook · Listing Office: Keller Williams Coastal Prop. · Contact: 562-313-7539 · Bought with: Jeb Middlebrook · Keller Williams Coastal Prop.

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