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favorite this post $1175000 / 5000ft2 - Price Reduced! Turn-key Restaurant / Event Center (Santa Maria) hide this posting unhide

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5000ft2


510 S Broadway, Santa Maria, CA


Property Type: Turn-Key Restaurant
Property Sub-type: Re-Development Mixed Use

FOR SALE: +/-5,000 SF Restaurant Building with additional +/- 1,500 SF Basement
Was $1,375,000 / NOW $1,175,000

Highlights

  • Turn-key Restaurant / Value Add Development Potential
  • High Visibility Location/Strong Traffic Counts (24,750 AADT)
  • Incentives available for re-development (Commercial/Residential/Mixed Use)
  • 3 Separate Parcels Totaling 0.82 Acres
  • 60+ Parking Spaces

Description

- TURN-KEY RESTAURANT - Turn-key restaurant building located in the heart of Downtown Santa Maria, California. The ~5,000 SF building features exposed brick walls, kitchen and additional ~1,500 SF of basement space for dry storage/office. The building features exposed brick walls and light fixtures. With its close proximity to downtown, government offices, courthouse national retailers etc., this property benefits from the large daytime population.

- VALUE ADD DEVELOPMENT POTENTIAL - The subject property lends itself to being redeveloped for commercial mixed use as it lies in the Downtown Specific Plan Zone. Multiple incentives are available for new development projects in the gateway District and Civic District. Possible incentives for retail, office and mixed-use projects. Zoning allows 60' - 70' height maximum. Contact the City Planning Dept for more info on available zoning and incentive packages.

Call For More Details




Colliers International Commercial Real Estate

Tony Andreini - show contact info

License# 02039290

Tai Martin - show contact info

License# 01114741

  • do NOT contact me with unsolicited services or offers

post id: 6712504350

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