Office Vacant-User

Professional/Medical Office Building

1525 - 1527 North Broadway, Santa Ana, CA 92706

Listing Price: $1,125,000

Gross SF
2,707
Rentable SF
2,707
Price/Gross SF
$415.59
Lot Size
0.16 acres
Year Built
1907

Investment Overview

Marcus & Millichap is pleased to offer for sale a two-story professional office building located at 1525 - 1527 North Broadway in Santa Ana, CA. The first floor of the building is currently occupied by a law office in one unit and a contractor’s office in the other. There is a vacancy located on the second floor which has been extensively remodeled and made turn-key for any professional office user. The subject property is a 2,707 square foot building located in the heart of Santa Ana where most law offices and medical offices strive to be. The building is in proximity to the Santa Ana Courthouse and is zoned (P) professional which gives the flexibility for multiple uses. The permitted uses include professional office, medical and dental office, a bank or credit union, travel agency, pharmacy, childcare, restaurant or café, and many more. This offering is ideal for a user who is looking to occupy a part or whole building in the heart of the Santa Ana Business District. The building will be delivered with two vacant units which give an investor the opportunity to take advantage of 10% down payment SBA financing. The total mortgage payment per square foot would be $1.83 however, if an owner occupied a portion of the building with the existing tenancy the effective mortgage payment per square foot would be $1.29. The benefits from the SBA financing will also include approximately a principal reduction in the amount of $26,723 in Year 1, annual depreciation of approximately $28,846, and an approximate Year 1 interest write off of $32,520.

Investment Highlights

  • Newly Renovated Professional/Medical Office Building with Lowest Price per Square Foot On-Market
  • Located in the Heart of Santa Ana in the Business District
  • Zoned (P) Professional giving Flexibility for many Uses including Professional and Medical Uses
  • Located Minutes Away from the Santa Ana Courthouse
  • Building can be Delivered Vacant or Partially Vacant to Subsidize Mortgage Payment
  • 10% Down Payment SBA Financing Available

Exclusively Listed By

Office Vacant-User

Professional/Medical Office Building

Listing Price: $1,125,000

Gross SF
2,707
Rentable SF
2,707
Price/Gross SF
$415.59
Lot Size
0.16 acres
Year Built
1907

Investment Highlights

  • Newly Renovated Professional/Medical Office Building with Lowest Price per Square Foot On-Market
  • Located in the Heart of Santa Ana in the Business District
  • Zoned (P) Professional giving Flexibility for many Uses including Professional and Medical Uses
  • Located Minutes Away from the Santa Ana Courthouse
  • Building can be Delivered Vacant or Partially Vacant to Subsidize Mortgage Payment
  • 10% Down Payment SBA Financing Available

Investment Overview

Marcus & Millichap is pleased to offer for sale a two-story professional office building located at 1525 - 1527 North Broadway in Santa Ana, CA. The first floor of the building is currently occupied by a law office in one unit and a contractor’s office in the other. There is a vacancy located on the second floor which has been extensively remodeled and made turn-key for any professional office user. The subject property is a 2,707 square foot building located in the heart of Santa Ana where most law offices and medical offices strive to be. The building is in proximity to the Santa Ana Courthouse and is zoned (P) professional which gives the flexibility for multiple uses. The permitted uses include professional office, medical and dental office, a bank or credit union, travel agency, pharmacy, childcare, restaurant or café, and many more. This offering is ideal for a user who is looking to occupy a part or whole building in the heart of the Santa Ana Business District. The building will be delivered with two vacant units which give an investor the opportunity to take advantage of 10% down payment SBA financing. The total mortgage payment per square foot would be $1.83 however, if an owner occupied a portion of the building with the existing tenancy the effective mortgage payment per square foot would be $1.29. The benefits from the SBA financing will also include approximately a principal reduction in the amount of $26,723 in Year 1, annual depreciation of approximately $28,846, and an approximate Year 1 interest write off of $32,520.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower