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505 S Main St 0.9 Acres of Commercial Land Offered at $4,500,000 in Santa Ana, CA 92701
Investment Highlights
- Hard Corner Visibility - ±0.90-acre lot with frontage on three streets, including a signalized intersection along S Main St
- Zoning Versatility - (UN-20) General Plan zoning allows for commercial, retail, office, and mixed-use residential up to 20 units/acre with a 1.0 FAR
- Development Flexibility - Strong candidate for adaptive reuse, retail repositioning, owner-user occupancy, or residential infill redevelopment
- Large Commercial Footprint - ±18,650 SF building (plus mezzanine space) with 44 onsite parking spaces
- SBA Financing Potential - May qualify for SBA loan programs
Executive Summary
The Parham Group at Marcus & Millichap is please to present 505 S Main St, Santa Ana, a rare opportunity to acquire a high-exposure commercial property located on a prominent hard corner in heart of Santa Ana. The ±18,650 SF building sits on a ±0.90-acre parcel with frontage on three streets, including S Main St, which sees 28,000+ vehicles per day. With 44 on-site parking spaces, this property supports a range of active commercial uses and is also well-positioned for future mixed-use redevelopment.
Zoned UN-20 under Santa Ana’s General Plan, the site allows for up to 20 dwelling units per acre and a 1.0 FAR, making it a candidate for live/work, retail repositioning, or commercial residential hybrid development. Its corner location, access, and visibility lend themselves to a wide range of user or investor strategies. Additionally, the existing improvements may qualify for SBA financing, making it attractive to owner-users looking to occupy part or all of the building.
Zoned UN-20 under Santa Ana’s General Plan, the site allows for up to 20 dwelling units per acre and a 1.0 FAR, making it a candidate for live/work, retail repositioning, or commercial residential hybrid development. Its corner location, access, and visibility lend themselves to a wide range of user or investor strategies. Additionally, the existing improvements may qualify for SBA financing, making it attractive to owner-users looking to occupy part or all of the building.
Property Facts
| Price | $4,500,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.90 AC |
| Zoning | UN-20 - 3 - Commercial (Nec) | ||
| Price | $4,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.90 AC |
| Zoning | UN-20 - 3 - Commercial (Nec) |
1 Lot Available
Lot
| Price | $4,500,000 | Lot Size | 0.90 AC |
| Price Per AC | $4,985,884.41 |
| Price | $4,500,000 |
| Price Per AC | $4,985,884.41 |
| Lot Size | 0.90 AC |
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
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505 S Main St
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