Property Showcase

303 E Plaza DriveSanta Maria, CA 93454 0

$3,899,000
Commercial
Status: Active
  • Sqft:
  • Lot:2.14 acres
  • MLS#: SR22058422
34.937705993652344-120.43338012695313
Courtesy Of Patrick Leff, DRE#01216054, 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.

Main Features:

Listing Status Active County Santa Barbara
Rental Price $0 Zoning Commercial Office
Building Name Plaza Professional Center

Additional Features:

Laundry None
Listing Type ExclusiveRightToSell
Lot Description Item25UnitsAcre
Level
Occupied By Tenant
Property Subtype Office
Special Conditions Standard
Terms Cash
CashtoNewLoan
Water Public

Extra Features:

Building Square Feet 24480 CDOM 0
DOM 0 Listing Key 1014830717
Number of Buildings 4 Parcel Number 128065004

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2022 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2022 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 7/6/2022 12:11:31 PM

303 E Plaza Drive, Santa Maria, CA 93454

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable Copyright 2022 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Information deemed reliable but not guaranteed.
Copyright© 2022 California Regional Multiple Listing Service, Inc. All rights reserved.
Last Updated On: 7/6/2022 12:11:31 PM

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