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Investment Highlights

  • Fence and Gated Year

Executive Summary

• + 20’ Clear Height
• Demised into six (6) units
• + 42,000 SF Lot
• Secure Parking Lot, Security Fencing, Automatic Gate,
42% Leased for 2 years with buyers right to Terminate lease if they want to occupy the complete building

Property Facts

Price $3,980,000
Price Per SF $147.02
Sale Type Investment or Owner User
Cap Rate 5.40%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.96 AC
Rentable Building Area 27,072 SF
No. Stories 1
Year Built 1953
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
Zoning PD CM

Amenities

  • Fenced Lot

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 4,512-15,792 SF
  • Industrial
  • -
  • Now

Industrial space for lease in Santa Maria ranging from 4,512 to 15,792 square feet. Building has 20' clear height, fenced yard, 1-2 roll up doors per unit and located not far from Highway 101. There is flexibility in the available square footage and an opportunity to purchase the building as the tenant.

Space Size Space Use Build-Out Available
1st Floor 4,512-15,792 SF Industrial - Now

1st Floor

Size
4,512-15,792 SF
Space Use
Industrial
Build-Out
-
Available
Now

1st Floor

Size 4,512-15,792 SF
Space Use Industrial
Build-Out -
Available Now

Industrial space for lease in Santa Maria ranging from 4,512 to 15,792 square feet. Building has 20' clear height, fenced yard, 1-2 roll up doors per unit and located not far from Highway 101. There is flexibility in the available square footage and an opportunity to purchase the building as the tenant.

Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
123-090-022
Land Assessment
$468,515
Improvements Assessment
$1,985,621
Total Assessment
$2,454,136
  • Listing ID: 31378797

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 514 S Western Ave, Santa Maria, CA 93458

Contact the Sale Advisor

514 S Western Ave

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