Exceptional Workforce Housing or Community Living Opportunity for sale at $9,500,000 or for lease at $100,000 / Month Modified Gross 1324 N. Broadway, Santa Maria, CA This unique 4-acre property, featuring 100 fully furnished cottages, is ideally suited for workforce housing, educational institutions, religious organizations, senior living facilities, or other large-scale community uses. With flexible leasing options and a range of on-site amenities, this turn-key property is ready to accommodate a variety of tenant needs. Property Highlights • 100 Cottages – A mix of studio and larger units, each offering 2 to 4+ beds per room, providing approximately 300 beds in total. • Fully Furnished – Each room is currently equipped with beds, dressers, and blankets to facilitate immediate occupancy. • Planned Upgrades – Owner has submitted permits for kitchenette installations in each unit to enhance livability. • Recent Improvements – New roofs have been installed on all units. • Vacant and Move-in Ready – No delays—this property is available for immediate tenancy. On-Site Amenities • 7,200 SF Restaurant & Meeting Hall – A spacious dining and event space, ideal for communal meals, training sessions, or organizational gatherings. Owner is open to bringing the restaurant up to code as needed. • Outdoor Recreation – A soccer field, volleyball courts, and a playground provide ample space for leisure and physical activity. • Food Service Flexibility – While the restaurant space is currently non-operational, food trucks have historically served the location daily and nightly, offering convenient meal options for residents. The owner is willing to bring the restaurant up to code. Lease Structure • Modified Gross Lease – Owner covers property taxes and insurance; tenants are responsible for utilities and property management. • Flexible Terms – Negotiable lease terms to accommodate tenant needs. Santa Maria Workforce Housing Demand & Demographics Santa Maria is one of California’s fastest-growing cities, with a strong demand for affordable workforce housing driven by key industries such as agriculture, manufacturing, healthcare, and education. • Population Growth – Over 110,000 residents, with a steady annual increase. • Workforce Demand – Santa Maria is home to a large workforce, including farmworkers, service industry employees, and healthcare professionals who require accessible housing options. • Affordability Gap – The median home price exceeds $600,000, making rental housing a critical need for many local employees. • Proximity to Major Employers – Convenient access to regional employment hubs, ensuring a steady demand for workforce accommodations. This is a rare opportunity to secure a fully equipped, large-scale housing solution in a prime Santa Maria location. Schedule a Tour Today! This property is easy to show and ready for immediate occupancy. Contact me today to arrange a private tour and explore this exceptional leasing opportunity.