1300 E Cypress St | Santa Maria, CA 93454
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- LoopNet Team
1300 E Cypress St
Santa Maria, CA 93454
Office Property For Sale
Investment Highlights
- Six high quality condominium units and two separately parceled lots currently used for overflow parking.
- Short and long-term upside opportunities in leasing existing medical office, developing parking lots, and/or redeveloping larger parcel.
- CPO Zoning allows for 35’ height and minimum 5,000 SF lots.
- Vibrant medical district immediately adjacent to the Marian Regional Medical Center (388 bed facility).
- Current medical campus 58% occupied with strong historical tenancy (2 units leased to the same tenants for over 20 years).
- High growth trade area with 800 multifamily units recently constructed or pending approval.
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
15,360 SF
Building Class
B
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,360 SF
Building FAR
0.08
Lot Size
4.66 AC
Zoning
CPO
Parking
238 Spaces
Amenities
- Signage
Property Taxes
| Parcel Number | 128-108-005 | Improvements Assessment | $906,223 |
| Land Assessment | $96,049 | Total Assessment | $1,002,272 |
Property Taxes
Parcel Number
128-108-005
Land Assessment
$96,049
Improvements Assessment
$906,223
Total Assessment
$1,002,272
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