Property Details

1617 N Broadway, Santa Maria

Photo of
Photo of
Bedrooms
Baths
19,099 Square Feet

$3,215,000

  • Status: Sold
  • Square Footage (+/-): 19,099
  • Lot Size: 93,654
  • Listed: 6/12/2018
  • Sold Date: 10/15/2018
  • Type: Retail,Other
  • Year Built: 1969
  • MLS: ML81709745
  • Elementary School District:
  • High School District:
  • Elementary School:
  • Middle School:
  • High School:
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Mortgage payment: $13,807/mo.
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About 1617 N Broadway

((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.


  • Garage Parking Features
    • Lighted Parking Area
    • Parking Area
    • Uncovered Parking
  • General Features
    • Cooling: None
    • Heating: Central Forced Air
    • Roof: Other
    • Sewer Septic: Sewer Connected
    • Water: Public

Schools Near 1617 N Broadway

Elementary Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Middle Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

High Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.

Other Schools
School Name Type Grades Distance * District Info

* Distance represented in miles.


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Recently Sold

$3,215,000

1617 N Broadway
Santa Maria, CA 93454

  • Status: Sold
  • Square Footage (+/-): 19,099
  • Lot Size: 93,654
  • Listed: 6/12/2018
  • Sold Date: 10/15/2018
  • Type: Retail,Other
  • Year Built: 1969
  • MLS: ML81709745
  • Elementary School District:
  • High School District:
  • Elementary School:
  • Middle School:
  • High School:
Schedule a Showing Save as Favorite Comparables Contact Lender
Mortgage payment: $13,807/mo.
close
Property Value:
Down Payment:
or
%
Interest Rate:
%
Loan Duration:
months, or
years
Monthly Payment:

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Listed by Karla Stevens Mainis, Bailey Properties

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Updated on 12/13/2018