1701 N Main St,Santa Ana, CA 92706
Santa Ana, CA 92706
Description
Attractive investment opportunity to acquire a well-located two-story professional office building in Santa Ana offering a stable and strong capitalization rate in an established Orange County market. The property consists of approximately 12,460 sqft of rentable building area situated on a huge sizable 38,333 sqft lot (~0.88 acres), providing both stable income and long-term upside. Constructed in 1977, the building supports a broad range of professional and commercial uses, including medical, dental, accounting, education/school, professional services, real estate, retail, special use, and multi-tenant office configurations. The flexible layout accommodates single-tenant or multi-tenant occupancy, appealing to a diverse tenant base and enhancing income durability. The expansive lot allows for ample on-site parkings and presents value-add potential through lease-up, tenant repositioning, or reconfiguration of suites to improve cash flow, subject to local zoning and city approvals. Investors benefit from current income at a stable cap rate with opportunities to increase NOI over time. Strategically positioned with convenient access to major thoroughfares in Santa Ana, the property offers strong visibility and accessibility within a high-demand commercial corridor. Ideal for investors seeking a stable professional office asset with reliable returns, as well as owner-users looking to offset occupancy costs through rental income.
Details
| MLS # | PW26002653 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 210 |
| Listing Provided By | Superior Real Estate Group | Duy Nguyen |
Features
| SQ Feet | 12,460 |
|---|---|
| Story(s) | 2 |
| Building(s) | 1 |
| Zoning | C1-MD |
| Acreage | 0.88 |
Interior
| Cooling | Central Air, Zoned |
|---|---|
| Heating | Central, Zoned |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Asphalt |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Brick, Drywall, Ducts Professionally Air Sealed, Frame, Concrete, Stucco, Steel |
| Lot Features | Zero To One Unit Acre, Corner Lot, Paved |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
Area Information
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92706 |
| Area | 699 Not Defined |
| Listing VS Median (in 92706) | |
Price: $4,190,000 low | high Med: $912,500 sqft: 12,460 low | high Med: 2,485 $ / sqft: $336 low | high Med: $385 On site: 210 low | high Med: 10.5 | |
Market Activity 92706
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Learn More About This Property
| State | CA |
|---|---|
| County | Orange |
| City | Santa Ana |
| Zip Code | 92706 |
| Area | 699 Not Defined |
| Listing VS Median (in 92706) | |
Price: $4,190,000 low | high Med: $912,500 sqft: 12,460 low | high Med: 2,485 $ / sqft: $336 low | high Med: $385 On site: 210 low | high Med: 10.5 | |
