Recently Viewed Properties
504 S Broadway, Santa Maria, CA 93454

$5,990,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 8 days ago
504 S Broadway, Santa Maria, CA 93454 View this property at 504 S Broadway, Santa Maria, CA 93454
504 S Broadway Santa Maria CA 93454

Property Description

Rare opportunity to acquire a 47 unit commercial and residential asset of this size in the heart of downtown Santa Maria. This property was originally operated as a motel and converted into offices and now has been completely renovated into 36 studio efficiency apartments with 11 Retail/Commercial spaces which can be converted into RESIDENTIAL UNITS. All 11 commercial are leased. Everything has been upgraded! All studios have vinyl wood plank flooring, quartz counter tops, quartz showers, new custom kitchen soft close cabinets/drawers, triple pane windows, blinds, copper plumbing, all electrical upgraded, new sub-panels, LED lighting, 2 burner induction cook-tops and refrigerators. All of this makes this property extremely desirable for
potential tenants.

Full Property Details for 504 S Broadway

  • Price: $5,990,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 17-3443
  • Updated: 12/4/2017
  • Added: 62 day(s) ago

Property History

  • 504 S Broadway, Santa Maria, CA
  • Listed at $5,990,000 on 10/11/17

Rooms

Other Rooms

  • Laundry: Room

Additional Information

  • Security/Safety: Monitored, Security Camera

Parking

  • Parking: Carport, Uncovered

Location

  • Area: 60 - SANTA MARIA
  • County: Santa Barbara
  • Cross Streets: W. Orange St.

School Information

  • Elementary School: Other
  • Middle School: Other
  • High School: Other

Community

  • Community Features: Elec Stove

Structural Information

  • Stories/Levels: 2.0

Unit Information

Unit 1

  • Total Bathrooms: 36

Lot Features

  • Lot Size (Sq. Ft.): 30,492
  • Zoning: Other

Financial Considerations

  • Terms: Cash, OTHER/CLA

Listed by Radius Group Commercial R.E.

Quickly Find Out More

We Value Your Privacy

Or call us at (800) 500-4053

Estimate the Cost

504 S Broadway will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

504 S Broadway, Santa Maria, CA 93454 (MLS# 17-3443) is a Multi-Family property with 47 units containing 0 bedrooms and 0 full bathrooms. 504 S Broadway is currently listed for $5,990,000 and was received on October 11, 2017. Want to learn more about 504 S Broadway? Do you have questions about finding other Multi-Family real estate for sale in Santa Maria-Northeast? You can browse all Santa Maria-Northeast real estate or contact a Coldwell Banker agent to request more information.

Listed by Radius Group Commercial R.E.