$1,200,000
$1,249,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
9,361 Sqft Lot
SOLD DATE : 05/06/2026
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI25223545
Sold Date 05/06/26
HOA Y/N No
Year Built 1914
Lot Size 9,361 Sqft
Property Sub-Type Retail
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
Area Smia - Santa Maria
Zoning SP Gateway
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Asphalt
Present Use Investment
Building
Lot Description Street Level
Story 2
Water Public
Others
Tax ID 123043015
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Seller Financing
Special Listing Condition Standard
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Bought with Maria Lopez NONMEMBER MRML
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