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626-632 S Broadway 13,000 SF 100% Leased Retail Building Santa Maria, CA 93454 $1,750,000 ($134.62/SF)
Executive Summary
626 S. Broadway is a 1/2 block 1.27 acre site of seven adjacent parcels. Existing improvements include +/-13,000 sf of retail and office with annual gross rents of $123,000. The site fronts Broadway and sits within the Gateway District while the eastern portion anchors the Civic District.
These exceptional redevelopment sites are key components to the Downtown Specific Plan.
These exceptional redevelopment sites are key components to the Downtown Specific Plan.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$123,000
|
$37.48
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$123,000
|
$37.48
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $123,000 |
| Annual Per SF | $37.48 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $123,000 |
| Annual Per SF | $37.48 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,000 SF
Building Class
C
Year Built
1960
Price
$1,750,000
Price Per SF
$134.62
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.27 AC
Opportunity Zone
Yes
Parking
16 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
67’ on S Broadway
Amenities
- Signage
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 125-141-007 | Improvements Assessment | $98,493 (2026) |
| Land Assessment | $243,732 (2026) | Total Assessment | $342,225 (2026) |
Property Taxes
Parcel Number
125-141-007
Land Assessment
$243,732 (2026)
Improvements Assessment
$98,493 (2026)
Total Assessment
$342,225 (2026)
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