201-205 E Main St - Storefront Retail/Office FOR SALE


Santa Maria, CA 93454
$3,450,000 USD
805-268-0133
201-205 E Main St, Santa Maria, CA for Sale
$3,450,000 USD
Storefront Retail/Office - FOR SALE
1/45
null | 5.81% Cap Rate

201-205 E Main St
Santa Maria, CA 93454


HIGHLIGHTS

  • Historic restored building - Amazing Tenants - Fantastic location
  • 100% Leased

OVERVIEW

Opportunity is knocking. Own one of the last original buildings in downtown Santa Maria. Built between 1905 and 1915 - this is an amazing historical building. Massive remodel in the 60's and significant updates over the last 6 years. This is only the second time this building has been available for sale in the last 50 years. Currently 24 tenants. All units have minimum of a one year contract. Building has a great industrial old world feel and a very good mix of tenants. Downtown has seen significant investment over the last few years and several projects are in development. Don't miss out. Numbers are not proforma - all previously owner occupied spaces have been rented and are under contract. Great income producing building in Santa Barbara County. We have many long term tenants and when units do become available there is a waiting list for available space. 100% leased. Owner is relocating to another state - which necessitates the sale.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

5.81%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mesquit Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

N McClelland St

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

Retail, Office, Service

APN/PARCEL ID

121-224-029,121-224-030

ASK ABOUT THIS PROPERTY

Darin GossageGossage Group Inc.More Info
805-268-0133

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Darin GossageGossage Group Inc.More Info
805-268-0133

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