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1617 N Broadway

Santa Maria, CA 93454
  • $3,499,500

    Price
  • 0

    Bed
  • 0

    Bath
  • 19,099

    SqFt

About the Listing 39757 - 469295

((NNN! CAP 7.4+! 100% Leased thru 2024)) . Rare opportunity for investors to acquire a high yield Coastal California Investment. The property features an approximate 19,099 square foot commercial building (plus an additional approx. 422 square foot grandfathered mezzanine) on a 2.15 acre land parcel with 125 plus parking spaces. Property is located on a busy corner at a signalized intersection. Minimal management required - building is fully leased until 8/31/2024 with 3% annual rent increases to two seasoned tenants with strong, stable income streams and NNN lease structures. The tenants invested a substantial sum of money into their tenant improvements and have a successful operating history at the building.

Listing Highlights for 1617 N Broadway

Status Active With Contingency
Days on Site 70
Property Type Commercial Sale
MLS ® ML81709745
Year Built 1969
Square Footage 19,099
Lot/Acreage 2.15
County Santa Barbara

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Central Forced Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other: Parking,Wheelchair Access
  • Water: Public

Exterior Details

  • Garage Capacity: 0 car
  • Zoning: PD-C-2
  • Roof: Other
  • Others:
  • Sewer: Sewer Connected
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Lighted Parking Area,Parking Area,Uncovered Parking

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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1617 N Broadway Santa Maria, CA 93454

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Listing Courtesy of Karla Stevens Mainis, Bailey Properties

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