Prime multi-tenant commercial building for sale on one of Santa Maria’s busiest commercial arterials (West Main Street). This approximately 10,000 square foot building is comprised of five (5) separate suites with a central core for restrooms and access. The building was seismically retrofitted by the previous owner and abuts a City owned and maintained parking lot. Upkeep is minimal due to virtually no landscaping, concrete construction and access to the City maintained parking lot.

Sale Details

Sale Price: $1,550,000.00

Terms: Cash, CTNL

Cap Rate: 6.0%

Property Details

Building Size: +/-10,000 SF

Lot Size: +/-14,400 SF

Number of Units: Five (5)

Zoning: C-1 (Central Business District)

Occupancy Rate: 100%

Number of Stories: One (1)

Parking: Street & City Lot

APN#: 123-043-001