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$689,000 For Sale

149 S First Street
Santa Maria, CA 93455


3,150 sq ft;
lot: 7405 sq ft
Commercial: Retail-Commercial - MLS# 18002928
Property Photo
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Description

Rare opportunity to invest or become an owner/operator in quaint ''Old Town Orcutt!'' Single story structure with combined 3,150 total SqFt. Nicely located in the heart of the business sector and directly next door to the US Post office. Though not on a main street, a very high traffic area. Current total rent is $4,050/month for 6 separate units (525 SqFt each). At listed price with annual expenses and projected property taxes, a 5.0% CAP Rate. Rare available parking on the same parcel! A total of 9 parking spaces. Room for some upgrading to increase return on investment.

Features

  • # Offices: 6
  • # Spaces: 9
  • Air Conditioning: Central Air, Other
  • Baths: 6
  • Building Info: Building Size/SF: 3150
  • County/Area: Santa Barbara County
  • Deposit: 10000.00
  • Exterior: Stucco
  • Financials: Net Operating Income: 38413.00
  • Foundation: Slab
  • Full Baths: 1
  • Half Baths: 5
  • Heating: Forced Air
  • Landlord Pays: Insurance, Trash Collection, Water
  • Levels: One
  • Listing Status: Active
  • Location: Business District
  • Lot Size: 0.1700
  • Lot Size Source: Appraiser
  • Lot Size SqFt: 7405.00
  • Monthly Rent: 4050.00
  • Monthly Rent/SqFt: 1.29
  • Option to Renew: Yes
  • Property Type: Commercial
  • Roof Description: Flat, Rolled Comp
  • Separate Meters: Electric, Gas
  • Sewer: Public Sewer
  • Site Improvements: Cable Available, Curbs/Gutter, Paved Streets, Sidewalks, Street Lights
  • Sq Ft Source: Owner
  • Sq.Ft.: 3150
  • Sub Type: Retail-Commercial
  • Sub-Area: 1 - Not Applicable
  • Tenant Information: Total Units: 6
  • Tenant Pays: Cable TV, Electricity, Gas
  • Total Rent: Gross
  • Water: Public
  • Year Built: 1990
  • Zip Code: 93455
  • Zone Description: Commercial

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225 S. First Street - Orcutt, CA 93455
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