AVAILABILITY DETAILS
- Size
- 4,612 SF
- Price/SF
-
Show Pricing $
- Listing ID
- SA516140
- Notes
- 847 N Ross Street is an excellent opportunity for an owner/user to acquire a freestanding, two-story office building on the corner of N Ross and W 10th Street near Downtown Santa Ana. The building is located within walking distance of the OC Civic Center, Santa Ana Court House, Superior Court of California, as well as many others. The building can be delivered vacant upon the close of escrow, but there is also a long-term tenant currently occupying a portion of the 2nd floor on a month-to-month basis, which could provide immediate income for the new owner. 847 N Ross Street is also located within an Opportunity Zone (Census Tract 750.02), which presents a rare and unique opportunity for the buyer to defer or eliminate federal taxes on capital gains. For more information, please visit the State of California, Department of Finance Opportunity Zone website - https://opzones.ca.gov/.
Business can control their occupancy costs and benefit from a core real estate investment. The cost of occupancy for an owner/user will be similar or better than leasing, by taking advantage of long-term, fixed debt, and attractive terms, such as down payments as low as 10% through SBA loan programs.
- Uses
- Office
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.
Listing provided courtesy of
Russ Smith, Voit Real Estate Services
BRE# 01919442