100 S Main St - Restaurant FOR SALE


Santa Ana, CA 92701- Heninger Park
$11,500,000 USD
657-245-4578
100 S Main St, Santa Ana, CA for Sale
$11,500,000 USD
Restaurant - FOR SALE
1/27
null | Request Cap Rate

100 S Main St
Santa Ana, CA 92701
Heninger Park


HIGHLIGHTS

  • 100 S Main Street is a solid investment opportunity to own a successful restaurant with excess land primed for development.
  • Expansive excess land is perfect for additional retail and mixed-use development, with a CUP for residential.
  • Formerly a modern entertainment destination with many open seating areas, an outdoor courtyard, VIP Rooms, and multiple bars.
  • Downtown Santa Ana location with tremendous access and street frontage off S Main and W 1st Street, frequented by over 67,199 vehicles per day.

OVERVIEW

Caribou Industries is pleased to provide the opportunity to obtain the fee simple interest in 100 S Main Street in Santa Ana, California. This offering consists of Original Mike’s restaurant and its excess parking lot. The excess land allows a developer to construct additional leasable areas in the adjacent parking lot. In addition, the site has a CUP (Conditional Use Permit) for 14 new live/work-style lofts. An ideal turnkey restaurant opportunity, the Original Mike’s building boasts incredible architecture and character with open ceilings and a modern open kitchen concept. This outstanding establishment was recognized as a top-rated restaurant and event center for over 13 years. Original Mike’s site has multiple access points and curb cuts at the rear of the property along both Sycamore Street and W Walnut Street. It also has over 525 linear feet of frontage along W 1st Street and S Main Street. Seize the chance to join other retail operators that have transformed the Downtown Santa Ana landscape, including Playground, Mix-Mix Kitchen, Eat Chow, Crave, Lola Gaspar, Wursthaus, Chapter One, Pizza Press, Portola’s Coffee, and many others. 100 S Main Street is located within the heart of Downtown Santa Ana and within the Santa Ana Specific Plan. Historically, the City of Santa Ana has encouraged and supported an additional retail and/or mixed-use development that plans to promote economic growth, connectivity, and urbanism within the Downtown Santa Ana area. Contact Caribou Industries today for more details.

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$749 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Original Mike's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

156

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

Mixed Use

APN/PARCEL ID

398-278-03,398-278-04

ASK ABOUT THIS PROPERTY

Davis NiehausCaribou IndustriesMore Info
657-245-4578

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Davis NiehausCaribou IndustriesMore Info
657-245-4578

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.