Listed by Radius Commercial Real Estate & Investments
$1,685,000
408 E Main St
Details
APN 125-031-026
Property Type Retail
Sub Type Bank
Square Footage 3,610
Tenancy Vacant
Price per SqFt $467
Lot Size (SqFt) 30,000
Zoning Commercial Gateway District Santa Maria Revitalize
Parking Spaces 18 spaces
Parking Per SqFt 4.99
Investment Type Owner/User
Signalized High Profile Intersection
Marketing description
High-profile owner/user or investment opportunity at a signalized intersection in the “Gateway District’ in Santa Maria. 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, nonprofits 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 ±3,610 SF building sits on an approximately 0.69 acre / ±30,056 SF and includes 17 + 1 Handicap 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 invesment. Contact Listing Agents directly to discuss.
Investment highlights
- Total Building Size 3,610 SF
- Price Per SF $467/SF
- Land Size ±30,000 SF
- Price Per Land SF $56/SF
- Parking 18 Spaces
- APN 125-031-026
- Zoning Commercial Gateway District Santa Maria Revitalize
- HVAC Yes
- Restrooms Two (2)
Listing Contacts
Listed by Radius Commercial Real Estate & Investments
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