1610 S Standard Avenue Active Save Request In-Person Tour Request Virtual Tour
Santa Ana,CA 92707
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $819
MLS Listing ID CRPW25151021
HOA Y/N No
Year Built 1962
Lot Size 6,970 Sqft
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property 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.
Location
State CA
County Orange
Interior
Heating Radiant
Fireplace No
Building
Water Public