Clausen Building 410 W 4th St 18,649 SF 100% Leased Office Building Santa Ana, CA 92701 $5,600,000 ($300.28/SF)

***Own the Real Estate and a Proven Restaurant Across from Santa Ana’s Busiest Government Hub***
410–412 E 4th Street offers an exceptionally well-maintained opportunity in the heart of Downtown Santa Ana, with minimal near-term capital needs driven by extensive recent improvements.
The entire second floor was fully renovated in 2020, including replacement of the rear doors. In 2021, the roof was professionally coated with a tropical coating system and includes a 25-year warranty. Major infrastructure work was also completed, including the replacement of over 130 feet of cast iron piping from the second floor down to the basement and out to the alley. Between 2021 and 2023, the property received numerous plumbing and electrical upgrades, and in 2021, all six rooftop HVAC units were replaced.
Additional enhancements—such as security cameras and other operational upgrades—have been implemented over the past five years, making this a strong option for investors seeking a Downtown Santa Ana asset with meaningful recent capex already completed.
New Development – Potential Owner-User Opportunity (SBA Eligible):
There is a potential opportunity for an owner-user to acquire the property in conjunction with the well-known Crave Restaurant, which may be available for sale. This creates a rare SBA opportunity for a buyer to step into an established, high-performing restaurant location with existing infrastructure, strong brand recognition, and immediate operational upside.
Crave has long been a staple in Downtown Santa Ana, known for its quality food, consistent service, and loyal customer base. With over 1,500+ reviews on Yelp, it has built a strong reputation within the community and continues to attract repeat clientele.
Positioned directly across from the Ronald Reagan Federal Building and surrounded by a dense concentration of government offices, courthouses, and professional services, the property benefits from a consistent and reliable daytime population. The area sees a strong and steady lunch crowd, making it an ideal location for a restaurant operator or owner-user looking to capitalize on built-in demand.
This combination of a well-maintained asset, prime location, and potential business acquisition presents a unique opportunity for both investors and owner-users alike.