Average square foot calculated using Size range provided by listing agent.
Description
Exceptional Investment Opportunity in Prime Santa Ana Location Presenting a unique commercial offering in the heart of Santa Ana: a well-established 720-square-foot property that has operated as a successful Mexican restaurant for over 20 years. With the original tenant now retired, the space is under new tenancy with a recently signed 15-year lease. The current tenant is responsible for all utilities, providing a stable, low-maintenance investment. Located on a spacious lot, the property offers not only steady rental income but also potential for future development or expansion. It generates a strong annual gross income of $41, 616, reflecting a solid 5.9% capitalization rate. This property is available for purchase with or without the tenant, offering flexibility for both investors and owner-users. Offered “as-is, ” this is a rare opportunity to acquire a proven income-producing asset in a high-demand area.Show Description
MLS® NumberPW25151021
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age1962
Stories1
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatRadiant
A/C
Heating Fuel
Extras
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