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505 N Main St 16,320 SF Vacant Office Building Santa Ana, CA 92701 $2,240,000 ($137.25/SF)
Investment Highlights
- One block from 4th Street dining, retail, and entertainment district
- Surrounded by significant new development, including a Toll Brothers apartment community completed in 2024
- Proximity to multiple OC Streetcar stops
- Suitable for medical office, creative office, or retail users
Executive Summary
The Parham Group at Marcus & Millichap is proud to present the investment property located at 503 N Main Street in Santa Ana, California. This mixed use office and retail property offers investors the opportunity to acquire a prominently located commercial asset in the heart of Downtown Santa Ana, benefiting from strong visibility, walkability, and long term relevance.
The 17,820 sf, three story building sits on a 6,534 sf parcel along one of the city’s primary commercial corridors. The property benefits from traffic counts exceeding 31,100 vehicles per day, providing excellent exposure and strong signage opportunities.
The property is located one block from 4th Street, Santa Ana’s primary dining, retail, and entertainment corridor, and is within close proximity to multiple OC Streetcar stops, further enhancing accessibility and foot traffic.
The 17,820 sf, three story building sits on a 6,534 sf parcel along one of the city’s primary commercial corridors. The property benefits from traffic counts exceeding 31,100 vehicles per day, providing excellent exposure and strong signage opportunities.
The property is located one block from 4th Street, Santa Ana’s primary dining, retail, and entertainment corridor, and is within close proximity to multiple OC Streetcar stops, further enhancing accessibility and foot traffic.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
16,320 SF
Building Class
C
Year Built
1929
Price
$2,240,000
Price Per SF
$137.25
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,440 SF
Building FAR
2.50
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
C - DC-3 (District Center - Medium High)
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Walk Score®
Walker's Paradise (99)
Property Taxes
| Parcel Number | 398-321-03 | Improvements Assessment | $1,012,296 |
| Land Assessment | $417,823 | Total Assessment | $1,430,119 |
Property Taxes
Parcel Number
398-321-03
Land Assessment
$417,823
Improvements Assessment
$1,012,296
Total Assessment
$1,430,119
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505 N Main St
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