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620 E 2nd St 2,238 SF Industrial Building Santa Ana, CA 92701 $980,000 ($437.89/SF) 6.12% Cap Rate

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EXECUTIVE SUMMARY

Prime Commercial Opportunity in the Heart of Downtown Santa Ana
Now is the time to stake your claim in one of Orange County’s most vibrant and rapidly evolving urban centers. Located in the core of Downtown Santa Ana’s Artist & Civic District, this versatile commercial property presents a rare opportunity for investors, entrepreneurs, and owner-users alike.
Currently operating as a body shop, the property is equipped and maintained to support industrial or creative commercial use. Significant upgrades were completed in July 2021, including new roll-up doors, updated bathroom plumbing, a new roof, and a rebuilt compressor shed. All work was permitted and approved, with permits current and up to date. The compressor has been professionally serviced twice a year according to manufacturer guidelines, ensuring optimal performance and longevity. The tenant pays all utilities, offering a streamlined investment or owner-user setup.
With the city’s Downtown Revitalization Plan actively transforming the area—driven by residential growth, mixed-use development, and a renewed focus on walkability and culture—this location is poised to benefit from increased foot traffic, rising property values, and a thriving creative economy.
Property Highlights:
Prime location near Santa Ana City Hall, 4th Street Market, and the Artist’s Village
Surrounded by cafes, galleries, breweries, and cultural landmarks
Easy freeway access (5, 55, 22) and public transportation nearby
Ideal for body shop, creative space, studio, or boutique commercial use (verify permitted uses with city)
Located in a highly desirable Opportunity Zone

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $980,000
Price Per SF $437.89
Sale Type Investment or Owner User
Cap Rate 6.12%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.14 AC
Rentable Building Area 2,238 SF
No. Stories 1
Year Built 1982
Tenancy Single
Parking Ratio 1.79/1,000 SF
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning Commercial - Commercial

AMENITIES

  • Fenced Lot
  • Skylights
Walk Score®
Walker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
398-491-12
Land Assessment
$636,401
Improvements Assessment
$167,464
Total Assessment
$803,865
  • Listing ID: 35541217

  • Date on Market: 4/17/2025

  • Last Updated:

  • Address: 620 E 2nd St, Santa Ana, CA 92701

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