Excellent multi-tenant commercial building for sale on one of Santa Maria’s busiest commercial arterials (East Main Street). This approximately 4,263 square foot building is comprised of six (6) separate suites each with their own restroom. Very low turnover due to the smaller size of the suites and the competitive rental rates. Upkeep is minimal due to virtually no landscaping and parking on a City maintained street.

Sale Details

  • Sale Price: $725,000.00
  • Terms: Cash, CTNL
  • Cap Rate: 6.1% (approximately)

Property Details

  • Building Size: +/-4,263 SF
  • Lot Size: +/-10,027 SF
  • Number of Units: Six (6)
  • Zoning: CPO (Commercial Professional Office)
  • Occupancy Rate: 100%
  • Number of Stories: One (1)
  • Parking: Street & Private Lot
  • APN #: 121-250-004, 005