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33019978
33019860

1701 N Main Street, Santa Ana, CA 92706 For Sale

AM
CA 01845973
Marcus & Millichap - Orange County
BT
02173105
Marcus & Millichap
Listed by Marcus & Millichap - Orange County, Marcus & Millichap
$4,200,000
49 days on market
Updated 8 days ago

Main Street Medical

Details
Property Type Office
Sub Type Traditional Office, Medical Office (+1)
Square Footage 13,270
Net Rentable (SqFt) 13,270
Units 45
NOI $44,324
Occupancy 69.6%
Tenancy Multi
Lease Type Gross
Pro-Forma NOI $167,888
Price per SqFt $317
Class B
Year Built 1977
Year Renovated 2015
Buildings 1
Stories 2
Acreage 0.910
Zoning C1-MD
Investment Type Owner/User

Hard Corner Medical Office Main and 17th Street

Marketing description

Marcus & Millichap is pleased to present the opportunity to acquire 1701 North Main Street, a well-located medical and professional office investment property situated on the highly visible hard corner of North Main Street and 17th Street in the heart of the Santa Ana Civic Center. The property consists of a two-story, 13,270-square-foot office building positioned on approximately 0.88 acres with excellent frontage, strong identity, and convenient accessibility throughout Orange County.

Constructed in 1977 and zoned C1-MD, the property is ideally suited for medical, dental, and professional office use. The building features an elevator, a large, paved parking lot, flexible suite configurations, and excellent visibility along one of Santa Ana's most established commercial corridors. The existing tenant mix provides stable in-place income while simultaneously offering significant upside through the vacant owner-user suites located on the ground floor.

The property is occupied by established medical tenants including Back Pain Chiropractic Clinic, which occupies the entire second floor after expanding within the building, and All Kids Dental, which occupies an additional 2,601-square-foot suite on the first floor. The expansion of Back Pain Chiropractic Clinic demonstrates long-term commitment to the location and further validates the property's strong appeal to healthcare-oriented tenants.

A major component of the offering is the availability of two first-floor suites totaling approximately 4,034 square feet, consisting of a 2,701-square-foot suite and a 1,333-square-foot suite that may be combined. This creates an exceptional opportunity for an owner-user to occupy a substantial portion of the property while benefiting from existing rental income to offset operating expenses and debt service. The flexible layout allows for a variety of medical and professional uses including dental, chiropractic, physical therapy, wellness, legal, accounting, and general office operations.

Strategically located within the Santa Ana Civic Center, the property benefits from proximity to Orange County government offices, courthouses, healthcare facilities, and dense surrounding residential neighborhoods. The area serves as one of the region's primary employment and governmental hubs, generating consistent traffic and long-term demand for medical and professional office space.

Offered at $4,200,000, or approximately $316.50 per square foot, 1701 North Main Street provides investors and owner-users with the rare opportunity to acquire a strategically located Orange County medical office asset featuring stable tenancy, immediate occupancy potential, long-term flexibility, and strong intrinsic real estate value in one of Santa Ana's most established business corridors.

Investment highlights

  • Rare Medical/Professional Office Owner-User Opportunity with ±4,034 SF Available on the Ground Floor
  • Highly Visible Hard Corner Location at North Main Street & 17th Street in the Santa Ana Civic Center
  • Two-Story ±13,270 SF Office Building Situated on ±0.88 Acres with Elevator Access
  • Existing Medical Tenancy Includes Back Pain Chiropractic Clinic & All Kids Dental
  • Flexible Suite Configuration Allows Medical or Professional Users to Combine Available Suites
  • Offered at $4,200,000 ($316.50 PSF) Attractive Basis for an Orange County Medical Office Asset
  • Large Paved Parking Lot with Excellent Accessibility Throughout Central Orange County

Listing Contacts

AM
CA 01845973
Marcus & Millichap - Orange County
BT
02173105
Marcus & Millichap
Listed by Marcus & Millichap - Orange County, Marcus & Millichap

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$44,324.00
$3,693.67/mo

Valuation Metrics

0
DSCR
1.06%
Cap Rate
1.06%
ROI

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Additional Information

Name
Alex Mobin
License
01845973
Brokerage Phone
9494193276
Brokerage Address
19800 Macarthur Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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