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Listed by Scott Taylor • Keller Williams Realty Santa Barbara
$ 1,349,000
Est. payment | /mo
10,387 SqFt
$ 1,349,000
Est. payment | /mo
10,387 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,387 sqft
Price per Sqft $129
MLS Listing ID CRPI25223545
HOA Y/N No
Year Built 1914
Lot Size 9,360 Sqft
Property Sub-Type Retail
Source Datashare California Regional
Property Description
This two-story retail and office building is 100% leased with long-term, good-paying tenants, conveniently located near the high traffic intersection of Broadway and Main St. in downtown Santa Maria. The adjacent area is in the midst of extensive commercial and residential revitalization, with over 330 projected new apartments in the immediate area. LOT SIZE - 9,360 SF BUILDING SIZE - 10,387 SF TOTAL LEASABLE SPACE - Approx 8,860 SF PARKING - Curbside parking in front on Main St., shared parking lot behind building with back door access. LOWER LEVEL - Six commercial/retail stores and 65 ft of Main St. frontage. UPPER LEVEL - Ten individual offices and 2 two-fixture common restrooms. ZONING - SP Gateway: Commercial, Retail, Restaurant, Community Centers, Theater APN - 123-043-015, Santa Barbara County LOCATION - South side of Main St., one and one-half blocks West of Broadway. CONSTRUCTION - Frame stucco walls with block masonry dividing walls, flat asphalt roof, plate glass window frontage. LONG-ESTABLISHED TENANTS ZERO VACANCY (SEPT 2025) GROSS REVENUE $119,157 (2024) EXPENSES $54,959 NET OPERATING INCOME $62,197
Location
State CA
County Santa Barbara
Interior
Fireplace No
Building
Water Public
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745