Santa Ana, CA 92706,2208 N Main ST
Santa Ana, CA 92706,2208 N Main ST
Santa Ana, CA 92706,2208 N Main ST
Santa Ana, CA 92706,2208 N Main ST
Santa Ana, CA 92706,2208 N Main ST
Santa Ana, CA 92706,2208 N Main ST
See all 69 photos

$1,000,000

$1,100,000

9.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.29 Acres Lot


SOLD DATE : 06/11/2024

Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24070950

Sold Date 06/11/24

HOA Y/N No

Year Built 1966

Lot Size 0.290 Acres

Lot Dimensions Assessor

Property 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!

Location

State CA

County Orange

Area 70 - Santa Ana North Of First

Zoning COM-NEC

Interior

Heating None

Cooling None

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 15

Building

Lot Description 2-5 Units/Acre

Story 1

Water Public

Others

Tax ID 39910106

Security Features Security System,Security Lights,Window Bars

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Owner May Carry

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, 1031 Exchange, Owner May Carry

Financing Cash

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Jeb Middlebrook • Keller Williams Coastal Prop. • 562-313-7539
Bought with Jeb Middlebrook • Keller Williams Coastal Prop.
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.