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$1,685,000 Just Listed
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Property Description
High-Profile Corner, OWNER USER investment or REDEVELOPMENT opportunity located at 'a critical signalized intersection' in the Gateway District.as noted in the Downtown Specific Plan (page 34) in the ''Gateway District.'' 408 E. Main St., Santa Maria is ideally situated directly across the street from the Town Center Mall. This improved former bank building features glass offices and glass conference room, remodeledrestrooms, and a bank vault. The layout is well suited for a showroom, local or federal general serviceagencies, non-profits supporting the community, and of course financial services or specialty retailusers (Zoning per the Gateway District of the Downtown Specific Plan.) Any of these uses will complementthe downtown revitalization project, now well under way. Several re-developments recentlybroke ground including the Heritage Walk Lofts and a brand new El Super Market slated to open 4thQTR 2026. Santa Barbara based Vernon Group is adding over 1,000+ multifamily apartments, numerousboutique retail spaces, a micro-unit hotel and recreational spaces within the surrounding area ofthe Town Center Mall at Main and Broadway.Recent capital improvements to the subject property include but are not limited to, upgraded adjustableLED lighting, enhanced security systems and plumbing. A full list of improvements and other supportingdocuments are available here.The +/-3,610 SF building sits on an approximately 0.69 acre/+/-30,056 SF and includes 17+ 1 ADA on-siteparking spaces with additional rear alley access. Zoning is Gateway Downtown Specific Plan, allowingfor a broad range of commercial uses and future redevelopment flexibility.Potential for an owner/user or investment.
Full Property Details
Full Property Details for 408 E Main St
General
- Price: $1,685,000
- Status: Active
- Type: Business
- Source: NorthernSantaBarbara
- MLS ID: 26000635
- Updated: 4/7/2026
- Added to Site: 2 day(s) ago
Location
- Area: 13 - SM Northwest
- County: Santa Barbara
- Cross Streets: Miller Street
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
Utilities
- Water: Public
Structural Information
- Description/Design: None
- Roof: Other
- Square Feet: 3,610
- Current Bldg. Use: Free Standing Bldg, Special Purpose, Street Retail, Retail-Pad
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 30,056
- Lot Size Source: Appraiser
- Building Sites: 1
- Lot Features: Corner
- Potential Use: Zoning is Gateway Downtown Specific Plan, allowing for a broad range of commercial uses or redevelop
- Zoning: General Comm
Financial Considerations
- Price Per Sq. Ft.: $466
- Terms: New Loan, Exchange, Cash
Disclosures and Reports
- Documents Avail.: None
- Docs Filed: 1
- APN: 125-031-026
Listed by Radius Commercial RE, Sierra Falso
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Schools
Schools serving 408 E Main St
School Districts:Santa Maria-Bonita Elementary School District, Santa Maria Joint Union High School District
| Name | Grades | Distance |
|---|---|---|
Miller (Isaac) Elementary School 410 East Camino Colegio, Santa Maria, CA 93454 | K-6 | 0.8 mi |
Fesler (Isaac) Junior High School 1100 East Fesler Street, Santa Maria, CA 93454 | 7-8 | 0.7 mi |
Santa Maria High School 901 S. BRd.way, Santa Maria, CA 93454 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 408 E Main St
Date
Details
Price
Change
Source
4/06/2026
Listed
$1,685,000
24.81%
MLS
11/06/2023
Sold
$1,350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 408 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,495
5%
$1,377,000
2%
2024
$15,734
5%
$1,350,000
5%
2023
$14,948
2%
$1,282,843
2%
2022
$14,686
3%
$1,257,690
2%
2021
$14,264
—
$1,233,030
1%
2020
$14,237
6%
$1,220,388
2%
2019
$13,460
1%
$1,196,460
2%
2018
$13,292
1%
$1,173,000
2%
2017
$13,140
61%
$1,150,000
58%
2016
$8,181
2%
$728,360
2%
2015
$8,043
5%
$717,421
2%
2014
$7,679
1%
$703,369
—
2013
$7,636
—
$700,191
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 408 E Main St
408 E Main Street, Santa Maria, CA 93454 (MLS# 26000635) is a Business property. 408 E Main Street is currently listed for $1,685,000 and was received on April 06, 2026. Want to learn more about 408 E Main Street? Do you have questions about finding other Business real estate for sale in Santa Maria? You can browse all Santa Maria real estate or contact a Coldwell Banker agent to request more information.

