Retail Space in Santa
203-205 S Main St Santa Ana, CA 92701
203-205 S Main St, Santa Ana, CA, 92701
$1,770,000
For Sale
$1,770,000
Retail space available for sale in Santa Ana, CA.
Property Size5,500 SF
Price / SF$321.82
Days on Market113
Property Features for 203-205 S Main St
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1956
Listing agency
Kidder Mathews - Irvine
(949) 557-5075
Listed by
Josh Cunningham · License #1802660
(949) 557-5075
Source
Kidder
Added: Apr 1 Updated: Jul 10 at 1:14PM Checked: Apr 1 at 8:28PM
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 Kidder Mathews - Irvine
Investment Insights
Based on property information with market context.
A retail space is available for sale. The property offers 5500 square feet of space and is located in Santa Ana, CA.
Key Highlights
- Retail space available.
- Located in Santa Ana, CA.
- Year Built: 1956
Local Financial Insights For Retail
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 | $138.6k | $25.20 |
| − Vacancy | −$7.2k | −$1.31 |
| EGI | $131.4k | $23.89 |
| − OpEx | −$39.4k | −$7.17 |
| NOI | $92.0k | $16.72 |
5,500 SF · lease $25.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.31M
$1.15M – $1.53M
NOI $91,975 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.70M
$1.49M – $1.99M
NOI $119,127 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available for sale in Santa Ana, CA.
Where is this retail space located?
The property is located at 203-205 S Main St Santa Ana, CA.
What is the asking price?
The asking price for this property is $1,770,000.
What are key features of this property?
This property features: Retail space available.; Located in Santa Ana, CA.; Year Built: 1956
