2208 N Main Street Santa Ana, CA 92706
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ACTIVE UNDER CONTRACT! BACK-UP OFFERS WELCOME! Welcome to 2208 N Main St in Santa Ana! Amazing opportunity to purchase a 3-unit commercial building with flexible retail and office zoning, with a 4th bonus unit easily permitted (Seller has plans vetted by City!) in a 2183 sq ft commercial property with a 12,632 sq ft lot and 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 2 leased units with consistently paying tenants through 2026, paying $4000+/month combined rent. 1 additional unit and bonus unit delivered vacant at close of Escrow - which could pay an additional $4000+/month combined rent once bonus unit permitted or $2500+/month from currently permitted 3rd anchor unit. And/or take over and continue running the $100K/year cash-flowing, anchor business, celebrating its 70th year this year. Building and business are turnkey and ready to take over AND offer opportunities for value add and improvements to command higher market rent and income. Owners selling to retire. This property and business will sell quickly; be sure to view and make an offer ASAP!
3 days ago | Listing updated with changes from the MLS® | |
2 weeks ago | Price changed to $1,250,000 | |
3 weeks ago | Status changed to Pending | |
a month ago | Listing first seen online |
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