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Santa Maria,CA 93454
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25001854
Lot Size 2.000 Acres
Property Sub-Type Mixed Use
Property Description
Master Developer is seeking a development partner for an up to 150-key hotel located on Lot 1 in Santa Maria's Town Center. This project will provide a developer with the benefits of an in-place Development Agreement which includes: Significantly Below-Market Land Basis Opportunity Zone Tax Benefits 1/2 Reduction of Impact fees + the ability to finance applicable Impact Fees at a low rate over 10 years Reduced Parking Requirements Property can be delivered Building Permit Ready
Location
State CA
County Santa Barbara
Area 13 - Sm Northwest
Zoning General Comm
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Other
Listing Terms Other