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303 E Plaza Dr

Santa Maria, CA 93454
  • $3,899,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 21-4110
$3,899,000
  • 0
    BEDS
  • 2.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:
Area:

School Ratings & Info

Listing provided courtesy of Rockwood Realty.

Description

Unique opportunity to acquire four commercial office condominium buildings located within the Plaza Professional Center in the City of Santa Maria.The offering includes Buildings 303, 305, 313-A and 313-B. Each building is situated on a separate assessor parcel number and each individually contain an approximate 6,120 gross square feet and approximately 5,942 rentable square feet. The buildings are connected by balconies and stairs that are part of the common area. Overall, the Plaza Professional Center is comprised of a total of six office buildings located on a 2.14 acre parcel.Recent 2021 capital improvements implemented include new roofs for each building, the repaving of the parking lot area with new parking spaces including ADA stalls, new exterior painting of each building and new interior tenant improvements in Building 313 A & 313 B. Built in 1979, the Plaza Professional Center has an ample 137 parking spaces plus 5 ADA. San Joaquin Valley College is the major tenant at the property and occupies 100% of Buildings 303 and 305 and approximately 65% of Building 313A. San Joaquin Valley College is a private for-profit college with 17 locations throughout California as well as an online division. The offering provides a unique opportunity to acquire an office building asset offered below replacement cost with rental upside that is well-suited for an owner-user seeking available office space and/or an investor seeking a multi-tenant office investment.

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© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-12-08T23:46:52.26. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-12-08T23:46:52.26.
www.theepsteinpartners.com/homes/123192468
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303 E Plaza Dr Santa Maria, CA 93454

  • Price: $3,899,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: 21-4110
0
Beds
0
Baths
0
½ Baths
2.14
Acres
1979
Built
Neighborhood:
Santa Maria
County:
Santa Barbara
Area:
Santa Maria
Property Description
Unique opportunity to acquire four commercial office condominium buildings located within the Plaza Professional Center in the City of Santa Maria.The offering includes Buildings 303, 305, 313-A and 313-B. Each building is situated on a separate assessor parcel number and each individually contain an approximate 6,120 gross square feet and approximately 5,942 rentable square feet. The buildings are connected by balconies and stairs that are part of the common area. Overall, the Plaza Professional Center is comprised of a total of six office buildings located on a 2.14 acre parcel.Recent 2021 capital improvements implemented include new roofs for each building, the repaving of the parking lot area with new parking spaces including ADA stalls, new exterior painting of each building and new interior tenant improvements in Building 313 A & 313 B. Built in 1979, the Plaza Professional Center has an ample 137 parking spaces plus 5 ADA. San Joaquin Valley College is the major tenant at the property and occupies 100% of Buildings 303 and 305 and approximately 65% of Building 313A. San Joaquin Valley College is a private for-profit college with 17 locations throughout California as well as an online division. The offering provides a unique opportunity to acquire an office building asset offered below replacement cost with rental upside that is well-suited for an owner-user seeking available office space and/or an investor seeking a multi-tenant office investment.
Property Features

Business Information Current Use Multi-Tenant Office Business Information Percent Currently Leased 70 Business Type Bus OtherService Condition Good Cross Street Miller Deposit 3.00 For Sale Or Lease For Sale Gross Square Feet 24480.00 Not Rented Square Feet 23768.00 Offices 17 Parking Uncovrd Terms CashCtnl Type Commercial Use Office Zoning C-P

Listing information © 2021 Santa Barbara MLS
Listing provided courtesy of Rockwood Realty.



© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-12-08T23:46:52.26. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-12-08T23:46:52.26.
 
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Keller Williams
1503 Chapala Street
Santa Barbara CA, 93101
Listing provided courtesy of Rockwood Realty.