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Investment or Re-development Opportunity 408 E Main St 3,610 SF Office Building Santa Maria, CA 93454 $1,685,000 ($466.76/SF)



Investment Highlights
- Building Size: Approx. 3,610 SF | Lot Size: Approx. 30,056 SF (0.69 AC)
- Recent capital improvements: upgraded adjustable LED lighting, enhanced security systems, plumbing and more.
- Potential for an owner/user or investment. Contact Listing Agent directly to discuss.
- High-profile owner/user or investment opportunity at a signalized intersection in the “Gateway District’ in Santa Maria.
- Zoning is Gateway Downtown Specific Plan, allowing for a broad range of commercial uses and future redevelopment flexibility.
- 18 parking spaces.
Executive Summary
This improved former bank building features glass offices and glass conference room, remodeled bathrooms, and a bank vault. The layout is well suited for a showroom, local or federal general service agencies, non-profits supporting the community, and of course financial services or specialty retail users (Zoning per the Gateway District of the Downtown Specific Plan.) Any of these uses will complement the downtown revitalization project, now well under way. Several re-developments recently broke ground including the Heritage Walk Lofts and a brand new El Super Market slated to open 4th QTR 2026. Santa Barbara based Vernon Group is adding over 1,000+ multifamily apartments, numerous boutique retail spaces, a micro-unit hotel and recreational spaces within the surrounding area of the Town Center Mall at Main and Broadway.
Recent capital improvements to the subject property include but are not limited to, upgraded adjustable LED lighting, enhanced security systems and plumbing. A full list of improvements and other supporting documents are available here.
The approx. 3,610 SF building sits on an approximately 0.69 acre/30,056 SF and includes 17+ 1 ADA on-site parking spaces with additional rear alley access. Zoning is Gateway Downtown Specific Plan, allowing for a broad range of commercial uses and future redevelopment flexibility.
Potential for an owner/user or investment. Contact Listing Agent directly to discuss.
Recent capital improvements to the subject property include but are not limited to, upgraded adjustable LED lighting, enhanced security systems and plumbing. A full list of improvements and other supporting documents are available here.
The approx. 3,610 SF building sits on an approximately 0.69 acre/30,056 SF and includes 17+ 1 ADA on-site parking spaces with additional rear alley access. Zoning is Gateway Downtown Specific Plan, allowing for a broad range of commercial uses and future redevelopment flexibility.
Potential for an owner/user or investment. Contact Listing Agent directly to discuss.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,610 SF
Building Class
C
Year Built/Renovated
1996/2024
Price
$1,685,000
Price Per SF
$466.76
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,610 SF
Building FAR
0.12
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
Commercial Gateway - Commercial Gateway District (Santa Maria Revitalize)
Parking
18 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Reception
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (92)
Property Taxes
| Parcel Number | 125-031-026 | Improvements Assessment | $612,000 |
| Land Assessment | $765,000 | Total Assessment | $1,377,000 |
Property Taxes
Parcel Number
125-031-026
Land Assessment
$765,000
Improvements Assessment
$612,000
Total Assessment
$1,377,000
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Investment or Re-development Opportunity | 408 E Main St
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