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Santa Ana Commercial Building Opportunity

2215 N Broadway Santa Ana, CA 92706

Claim this Listing
For Sale
$4,295,000

Freestanding commercial building on a large lot in Santa Ana.

Type:Commercial
Property size:
16,290 SF
Lot size:
0.58 Acres
Price / SF:
$263/SF
Added:
Mar 31, 2026
Days on Market:
102
Last Refresh:
Jul 2 at 9:34 am

Property Features for 2215 N Broadway

General Information

Standard status
Active
Size
16,290 SF
Lot size
0.58 Acres
Property subtype
Commercial

Listing office Keller Williams Costa Mesa

Listing date Mar 31, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Costa Mesa


Investment Insights

Based on property information with market context.

Located along a highly trafficked corridor in Santa Ana, the property at 2215 N Broadway offers a freestanding commercial building with approximately 16,290 square feet of space on a lot of approximately 0.81 acres. The two-story building benefits from high street visibility, significant traffic volume, and convenient access to the 5, 22, and 55 freeways. Zoned Professional (P), the property accommodates a variety of uses, including medical, dental, office, financial institutions, childcare, and other professional services. The building features an open floor plan, multiple signage opportunities, and a large on-site parking area accessible from both Broadway and Buffalo Avenue. Situated in central Orange County, the property is near MainPlace Mall, Santa Ana College, the Bowers Museum, and Discovery Cube.

Key Highlights

  • High‑traffic location on Broadway with excellent street visibility.
  • Versatile Professional (P) zoning allows for a wide range of uses (medical, office, financial, etc.).
  • Convenient access to the 5, 22, and 55 freeways.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $420.3k $25.80
− Vacancy −$27.3k −$1.68
EGI $393.0k $24.12
− OpEx −$98.2k −$6.03
NOI $294.7k $18.09
16,290 SF · lease $25.80/SF/yr · vacancy 6.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$4.21M
$3.68M – $4.91M (±1% cap)
NOI $294,723 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.50M
$4.82M – $6.42M (±1% cap)
NOI $385,315 @ 7.0% cap · market cap 8.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Sarah M. Sanchez, ... Foster Care Service Ker Yang Counselor Shaudi Adel, BA Physician Ginamarie Davidson Physician Project Kinship Community Center

Suggested Use

Daycare Center Locksmith Storage Facility Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Butcher Pet Store Home Appliance Store Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Freestanding commercial building on a large lot in Santa Ana.
Where is this office building located?
The property is located at 2215 N Broadway Santa Ana, CA.
What is the asking price?
The asking price for this property is $4,295,000.
What are key features of this property?
This property features: High‑traffic location on Broadway with excellent street visibility.; Versatile Professional (P) zoning allows for a wide range of uses (medical, office, financial, etc.).; Convenient access to the 5, 22, and 55 freeways.
Contact an agent
More about this property
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