REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 565,000
Est. payment | /mo
$ 565,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25151021
HOA Y/N No
Year Built 1962
Lot Dimensions Public Records
Property Sub-Type Business
Property Description
Exceptional Investment Opportunity in Prime Santa Ana Location
Discover a rare chance to own a proven income-producing commercial property in the vibrant heart of Santa Ana. This well-established 720 sq. ft. standalone building, situated on a generous lot, has proudly served the community as a popular Mexican restaurant for more than 20 years. With the original operator now retired, the space is secured by a new long-term tenant under a freshly signed 15-year lease, ensuring stability for years to come.
This hands-off investment is made even more attractive by the tenant's responsibility for all utilities, creating a low-maintenance, high-efficiency ownership experience. Currently generating a strong annual gross income of $41,616, the property delivers an impressive 5.9% capitalization rate—a valuable return in a high-demand market.
The spacious lot provides additional upside, offering potential future development or expansion opportunities for forward-thinking investors. Flexibility is a key advantage: the property can be purchased with the new tenant in place, or without the tenant should a buyer wish to acquire and operate the existing business.
Offered strictly as-is, this commercial gem represents a rare blend of history, stability, and future potential—perfect for investors seeking dependable returns or owner-users looking to secure a premium location in the thriving Santa Ana marketplace.
Discover a rare chance to own a proven income-producing commercial property in the vibrant heart of Santa Ana. This well-established 720 sq. ft. standalone building, situated on a generous lot, has proudly served the community as a popular Mexican restaurant for more than 20 years. With the original operator now retired, the space is secured by a new long-term tenant under a freshly signed 15-year lease, ensuring stability for years to come.
This hands-off investment is made even more attractive by the tenant's responsibility for all utilities, creating a low-maintenance, high-efficiency ownership experience. Currently generating a strong annual gross income of $41,616, the property delivers an impressive 5.9% capitalization rate—a valuable return in a high-demand market.
The spacious lot provides additional upside, offering potential future development or expansion opportunities for forward-thinking investors. Flexibility is a key advantage: the property can be purchased with the new tenant in place, or without the tenant should a buyer wish to acquire and operate the existing business.
Offered strictly as-is, this commercial gem represents a rare blend of history, stability, and future potential—perfect for investors seeking dependable returns or owner-users looking to secure a premium location in the thriving Santa Ana marketplace.
Location
State CA
County Orange
Area 69 - Santa Ana South Of First
Interior
Heating Radiant
Fireplace No
Laundry None
Exterior
Fence Block
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Present Use See Remarks
Total Parking Spaces 4
Building
Lot Description 0-1 Unit/Acre, Level, Paved
Story 1
Water Public
Others
Tax ID 01424123
Acceptable Financing Cash, Conventional, Fannie Mae
Listing Terms Cash, Conventional, Fannie Mae
Special Listing Condition Standard
Virtual Tour https://youtube.com/shorts/LLFiwfMDkBk?si=CfU8TKBlfbO1qFLs
Listed by Yvonne Tran Lifetime Realty Inc 714-360-4058
Get More Information
Quick Search