Commercial For Sale | Office | Office Building

1600 North Broadway . Santa Ana , CA 92706


PRICE REDUCED! Office For Sale or Lease - Owner User or Investor Opportunity - 1,342 SF to 9,586 Full Floors - 1600 N Broadway, Santa Ana

Posted: 06/12/2017 3:29 pm | On HOMEiZ: 2481 days | Updated: 5 years ago | Views: 3160

Location Map

Property Type

Price reduced

Property Price

$9900000
1.01
$99
99571
1%
0%
$0
$0
0%
$0

Property Location & Description

PRICE REDUCED! Office For Sale or Lease - Owner User or Investor Opportunity - 1,342 SF to 9,586 Full Floors - 1600 N Broadway, Santa Ana
The subject property is a great opportunity for both owner user and investor. With over 47,000 SF available, an owner user can easily move in and use the remaining space as a corporate headquarters. An investor can drastically increase the NOI by the lease up of the remaining vacancies. The low price per SF of $99/SF puts the price below replacement cost and also below recent sale comparable.
The close proximity to the court houses and downtown offers a great amenity that attracts tenants like law firms, marketing companies, call center, and other entrepreneurs. The on-site parking will also assist in attracting the best tenants in a market area where parking is scarce. The subject is located on Broadway just south of 17th St. and blocks from downtown Santa Ana, Civic Center, and MainPlace Mall. The Location offers easy access to the 5 freeway giving access to 22, 57 and 55 freeways.
B
R-3-BP-Santa Ana
50%
10
1970
Good
99,571 SF High Image High-Rise (10 stories)
Over 47K SF of Owner User Opportunity
Approximately 48% Upside Potential for Investor
Great Price Per SF of $99/SF
Multi-Level Parking Garage On Site (230 spaces)
Income while you own in place or added value

Property Information

Sewer

Parking

Other
230

Investment Overview

Owner User

Energy Efficiency

Neighborhood lifestyle

More information

Listing Info

Listing ID: 446
Price reduced

For Sale

$9,900,000

Listing Presented by

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