the broadway building - loopnet...households & income 0.5 miles 1 mile 1.5 miles total...

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THE BROADWAY BUILDING 515 S Broadway, Santa Ana, CA 92701 VANGUARD PROPERTY GROUP 2651 E. Chapman Avenue, Suite #100 Fullerton, CA 92831 DRE#02014531 www.VANGUARDPROPERTY.com Presented By: ED DIAZ President CalDRE #01022469 714.446.0100 x112 [email protected]

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Page 1: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

T H E B R O A D W A Y B U I L D I N G515 S Broadway, Santa Ana, CA 92701

VANGUARD PROPERTY GROUP2651 E. Chapman Avenue, Suite #100

Fullerton, CA 92831DRE#02014531

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Presented By:

ED DIAZPresidentCalDRE #01022469714.446.0100 [email protected]

Page 2: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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PROPERTY OVERVIEWWe are pleased to present The Broadway Building; a two-unit 1665 sf commercial office building with a large yardsitting on a 6,328 sf lot, located within a few blocks of the vibrant downtown Santa Ana restaurant district.. Thesubject property has two addresses, 515 & 517 Broadway, Santa Ana, and is ideally located in the SpecificDevelopment Zone (SD-40) allowing for the following multiple uses: SFR, Duplex R-2, professional office - thepossibilities are endless. The subject offering is currently vacant allowing the flexibility for an owner-user to occupyor an investor buyer to lease out at market rates. Currently, the subject property is set up as two, approximately832 sf offices with: two electric meters, two gas meters, one water meter and a very large concrete parking lotbehind the structure. This property set up would be ideal for a contractor user with numerous company vehiclesand/or equipment. Easily obtain an SBA loan for an owner user and obtain 6 months free principal & interest iffunded by 9/27/20, or a conventional loan for an investor. With market lease rates around $2/ft for a office/warehouse with large concrete yard for multiple vehicles, the current offering could offer a 6 cap rate upon leaseup at asking price.

OFFERING SUMMARY

Sale Price: $500,000

Building Size: 1,665 SF

Lot Size: 6,328 SF

Price / SF: $300.30

Year Built: 1966

Zoning: SD40

E X E C U T I V E S U M M A R Y515 S Broadway, Santa Ana, CA 92701

Page 3: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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A D D I T I O N A L P H O T O S515 S Broadway, Santa Ana, CA 92701

Page 4: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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A D D I T I O N A L P H O T O S515 S Broadway, Santa Ana, CA 92701

Page 5: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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LOCATION INFORMATION

Building Name The Broadway Building

Street Address 515 S Broadway

City, State, Zip Santa Ana, CA 92701

County Orange

Signal Intersection No

PROPERTY HIGHLIGHTS• Lowest CPSF Price for Downtown Santa Ana

• Ideal For Contractor Owner User With Large Yard - Currently Vacant

• Comprised of Two Suites, Two Electric & Two Gas Meters

• Large Concrete Yard & Lot for parking trucks and equipment

• Occupy Entire Property or one suite and rent out the other

• SBA Loan for Owner Occupant (51%) with 6 months of paid principal & interest

• Investor Can Improve and Rent Out for a Potential 6 Cap Investment

• Located within a few blocks from vibrant Downtown Santa Ana Restaurant District

• Redevelopment Opportunity in SD-40 Zoning Allowing Multiple Uses: SFR, DuplexR-2, Commercial

C O M P L E T E H I G H L I G H T S515 S Broadway, Santa Ana, CA 92701

Page 6: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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A E R I A L M A P S515 S Broadway, Santa Ana, CA 92701

Page 7: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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L O C A T I O N M A P S515 S Broadway, Santa Ana, CA 92701

Page 8: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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R E G I O N A L M A P515 S Broadway, Santa Ana, CA 92701

Page 9: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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R E T A I L E R M A P515 S Broadway, Santa Ana, CA 92701

Page 10: THE BROADWAY BUILDING - LoopNet...HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES Total households 3,227 13,203 25,633 # of persons per HH 4.8 4.8 5.0 Average HH income $59,059 $56,524

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

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POPULATION 0.5 MILES 1 MILE 1.5 MILES

Total Population 15,434 63,681 128,007

Average age 26.9 26.3 26.7

Average age (Male) 27.2 26.7 27.0

Average age (Female) 26.6 26.1 26.4

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

Total households 3,227 13,203 25,633

# of persons per HH 4.8 4.8 5.0

Average HH income $59,059 $56,524 $58,005

Average house value $437,616 $435,708 $442,036

* Demographic data derived from 2010 US Census

D E M O G R A P H I C S M A P & R E P O R T515 S Broadway, Santa Ana, CA 92701