Santa Ana CA Real Estate & Commercial for Sale

This property is a non-conforming lot situated adjacent to the metro-link in Santa Ana. It features a 7,600 sq ft fabricated metal building with ceilings exceeding 20 feet in height. Suitable for warehouse, wholesale, and manufacturing purposes, the property also includes an estimated 2,400 sq ft of mezzanine office space. Lots combined square footage of 36,534 sq ft across three parcels, it offers ample space for various commercial activities.

This strategically located industrial-commercial development property in the heart of Santa Ana is now available. The low cost basis should provide significant upside after development and lease out of a new building. (The city plan shows zoning for light industrial and the owner reports that it may also allow commercial development of 6+ stories.) The expansive 30,055 square foot lot currently boasts two single-story buildings totaling 5,414 square feet. It is currently configured with 9-units that are approved as transitional housing, ensuring immediate income while a new buyer goes through the entitlement process. However, the true value of the property lies in its future potential under the City of Santa Anas West Santa Ana Blvd Specific Plan, which has this property zoned as FLEX-1.5 (Low-Industrial/Flex). This zoning opens doors to many potential uses, including, light industrial, office-industrial flex spaces, small-scale clean manufacturing, R&D, commercial retail, live-work units and more. The FLEX-1.5 zoning permits a maximum height of 3-stories and a generous 1.5 FAR (Floor Area Ratio). This should allow for approximately 45,000 buildable square feet and/or up to 30 dwelling units per acre, unlocking incredible value and flexibility for future development. Dont miss this opportunity to acquire a central Orange County industrial-commercial development property before its too late!***The information contained herein was obtained from sources that we deem reliable and, while thought to be correct, is not guaranteed by The Firm Real Estate Services Inc. Buyers and other parties in receipt of this information should independently confirm the accuracy of the information through their own due diligence and determine suitability of the property for their needs.

The property is located on Harbor Blvd(53,607 Average Daily), between 1st Street (29,943 ADT) and Westminster Ave.(27,652 ADT). Property also benefits from the proximity of the Residential and Commercial density because it satisfies the daytime and evening customer demands. The 1020 N Harbor Blvd will benefit from the City of Santa Ana OC Streetcar Project as well. It is great if you need a long term investment or if you're a developer seeking to do a future. Project. Cost will be reduced during the Entitlement Process by the collection of rents until Final Approvals are granted. The property consists of 3 long term Tenants. 1 month to month, the remaining two are on leases. Never a problem to lease out space as the area is always in high demand. It is becoming easier because the zoning has become Mixed Use and many auto uses are being priced out. Specs for development and density for Transit Node (TN), Corridor (CDR), and Neighborhood Transitional (NT) are in the provided links.