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505 S Main St 18,650 SF Retail Building Santa Ana, CA 92701 $6,278,400 CAD ($336.64 CAD/SF)
INVESTMENT HIGHLIGHTS
- Hard Corner Visibility - ±0.90-acre lot with frontage on three streets, including a signalized intersection along S Main St
- Zoning Versatility - (UN-20) General Plan zoning allows for commercial, retail, office, and mixed-use residential up to 20 units/acre with a 1.0 FAR
- Development Flexibility - Strong candidate for adaptive reuse, retail repositioning, owner-user occupancy, or residential infill redevelopment
- Large Commercial Footprint - ±18,650 SF building (plus mezzanine space) with 44 onsite parking spaces
- SBA Financing Potential - May qualify for SBA loan programs
EXECUTIVE SUMMARY
The Parham Group at Marcus & Millichap is please to present 505 S Main St, Santa Ana, a rare opportunity to acquire a high-exposure commercial property located on a prominent hard corner in heart of Santa Ana. The ±18,650 SF building sits on a ±0.90-acre parcel with frontage on three streets, including S Main St, which sees 28,000+ vehicles per day. With 44 on-site parking spaces, this property supports a range of active commercial uses and is also well-positioned for future mixed-use redevelopment.
Zoned UN-20 under Santa Ana’s General Plan, the site allows for up to 20 dwelling units per acre and a 1.0 FAR, making it a candidate for live/work, retail repositioning, or commercial residential hybrid development. Its corner location, access, and visibility lend themselves to a wide range of user or investor strategies. Additionally, the existing improvements may qualify for SBA financing, making it attractive to owner-users looking to occupy part or all of the building.
Zoned UN-20 under Santa Ana’s General Plan, the site allows for up to 20 dwelling units per acre and a 1.0 FAR, making it a candidate for live/work, retail repositioning, or commercial residential hybrid development. Its corner location, access, and visibility lend themselves to a wide range of user or investor strategies. Additionally, the existing improvements may qualify for SBA financing, making it attractive to owner-users looking to occupy part or all of the building.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
18,650 SF
Building Class
C
Year Built
1928
Price
$6,278,400 CAD
Price Per SF
$336.64 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.47
Lot Size
0.91 AC
Zoning
UN-20 - 3 - Commercial (Nec)
Parking
42 Spaces (2.25 Spaces per 1,000 SF Leased)
Frontage
218’ on S Main St
AMENITIES
- Bus Line
- Conferencing Facility
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 404-044-01 | Improvements Assessment | $864,841 CAD |
| Land Assessment | $1,265,268 CAD | Total Assessment | $2,130,109 CAD |
PROPERTY TAXES
Parcel Number
404-044-01
Land Assessment
$1,265,268 CAD
Improvements Assessment
$864,841 CAD
Total Assessment
$2,130,109 CAD
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505 S Main St
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