1200 N Main St | Santa Ana, CA 92701
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1200 N Main St
Santa Ana, CA 92701
Main Street Lofts · Residential Property For Sale · 152,705 SF
Investment Highlights
- Proposed Residential Conversion of ±184 Units with Comments from the City
- Downtown Santa Ana Adjacent to OC School of the Arts and Civic Center
- 271 Space Parking Lot
Executive Summary
Main Street Lofts is the definitive turn-key Opportunity Zone project in Southern California today. Driven by the resurgence of Downtown Santa Ana as a walkable, metropolitan locale and the City’s 2014 Adaptive Reuse Ordinance, properties like 1200 N. Main St. have grown increasingly desirable for residential conversion in recent years. Main Street Lofts sits on a true “main and main” corner and within the City’s Adaptive Reuse Ordinance’s North Main Street Project Incentive Area. The edifice rises nine stories above the street level with mature trees and a timeless façade, primed to be repositioned for its second life as Downtown’s mixed-use hub of city living. The site has a Walk Score® of 93, is adjacent to the Orange County Civic Center, Orange County School of the Arts, and the conceptualized One Broadway Plaza. An excellent candidate for conversion, floorplates are wide open and served by three elevators. The utility core and stairwell run through the relative center of the building allowing for potential layouts making the best use of perimeter living space and window area. Over the past few market cycles, adaptive reuse has produced some of the most prized urban spaces around the country, contributing positively to housing needs, community reinvestment and the preservation of historic structures.
Please visit the property website and sign the Confidentiality Agreement to access the Virtual Deal Room which includes due diligence materials, extensive aerial and property photos, and copies of Santa Ana’s Adaptive Reuse and Specific Plan Ordinances.
Please visit the property website and sign the Confidentiality Agreement to access the Virtual Deal Room which includes due diligence materials, extensive aerial and property photos, and copies of Santa Ana’s Adaptive Reuse and Specific Plan Ordinances.
PROPERTY FACTS
Sale Type | Investment | Lot Size | 1.55 AC |
Property Type | Residential | Construction Status | Proposed |
Property Subtype | Apartment | Building Size | 152,705 SF |
Apartment Style | Mid Rise | Year Built | 1971 |
Building Class | B | Opportunity Zone |
Yes
|
Sale Type | Investment |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | B |
Lot Size | 1.55 AC |
Construction Status | Proposed |
Building Size | 152,705 SF |
Year Built | 1971 |
Opportunity Zone |
Yes |
zoning
Zoning Code | SP3 (Midtown Specific Plan (Financial District)Santa Ana Adaptive Reuse Ordinance Project Incentive AreaQualified Opportunity ZoneQualified Census Tract) |
SP3 (Midtown Specific Plan (Financial District)Santa Ana Adaptive Reuse Ordinance Project Incentive AreaQualified Opportunity ZoneQualified Census Tract) |
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