1514 S Broadway - Hospitality FOR SALE


Santa Maria, CA 93454
$8,495,000 USD
805-452-2880
1514 S Broadway, Santa Maria, CA for Sale
$8,495,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

1514 S Broadway
Santa Maria, CA 93454


HIGHLIGHTS

  • Prime Central Coast Location: Santa Maria is the largest city in Santa Barbara County, with strong ties to agriculture, aerospace, & viticulture.
  • Branded Asset in a High-Demand Market: Travelodge benefits from national brand recognition and serves a steady mix of corporate and leisure travelers.
  • Diverse and Resilient Demand Drivers: Proximity to beaches, wine country, and national parks supports consistent tourism and business travel.
  • Established Operational History with Upside: Reliable in-place cash flow with opportunities to improve NOI through operational enhancements.
  • Rare 2.26-Acre Parcel
  • Attractive Investment Profile: Balanced mix of stability and upside in a supply-constrained, growth-oriented hospitality corridor.

OVERVIEW

The Travelodge Santa Maria presents investors with a rare chance to acquire a well-positioned, branded hospitality property in the heart of the Central Coast. The city serves as a key economic and tourism hub, drawing consistent year-round demand from both business and leisure travelers. Situated on a rare and expansive 2.26-acre parcel, the property offers not only immediate income generation but also future redevelopment or expansion potential, making it a standout investment. The Travelodge brand provides national recognition and operational stability, while the size and location of the asset allow investors to capitalize on the continued growth of the Central Coast as a premier destination. Offering Memorandum, financials, and additional property details are available upon execution of a non-disclosure agreement.

FOR SALE DETAILS

PRICE

$8,495,000 USD

PRICE/SF

$178 USD /SF

# OF ROOMS

70

PRICE/ROOM

$121,357 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travelodge Santa Maria

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.26 AC

LAND SF

98,446 SF

ZONING

PD/C-1

APN/PARCEL ID

128-066-062

ASK ABOUT THIS PROPERTY

Deborah KingDeborah KingMore Info
805-452-2880

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Deborah KingDeborah KingMore Info
805-452-2880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.