Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1962
Sq.Footage
N/A
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Radiant
Exterior
-
Garage
No
-
Construction Materials
Block, Other, Concrete, Stucco
-
Pool
No
Area & Lot
-
Lot Features
Level, Paved
-
Lot Size(acres)
0.16
-
Property Type
Commercial Sale
-
Property Sub Type
Business
Price
-
Sales Price
$589,999
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Water Source
Public
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Location
County
Orange
Elementary School
Middle School
High School
Listing Courtesy of Yvonne Tran , Lifetime Realty Inc
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