1324 N. N Broadway new

Santa Maria,CA 93454

$ 9500000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-29532

Originating Board California Regional MLS

Year Built 1965

Lot Size 3 Sqft

Property Description

Exceptional Workforce Housing or Community Living Opportunity.1324 N. Broadway, Santa Maria, CAThis unique 4-acre property, featuring 100 fully-furnished cottages, is ideally suited for workforce housing, educational institutions, religious organizations, senior living facilities, or other large-scale community uses. For sale at $9.5MIL or for lease at $100K / month modified gross lease, this turn-key property is ready to accommodate a variety of tenant needs.Property Highlights100 Cottages - A mix of studio and larger units, each offering 2 to 4+ beds per room, providing approximately 300++ beds in total.Fully Furnished - Each room is currently equipped with beds, dressers, and blankets to facilitate immediate occupancy.Planned Upgrades - Owner has submitted permits for kitchenette installations in each unit to enhance livability.Recent Improvements - New roofs have been installed on all units.Vacant and Move-in Ready - No delays--this property is available for immediate tenancy.On-Site Amenities7,200 SF Restaurant & Meeting Hall - A spacious dining and event space, ideal for communal meals, training sessions, or organizational gatherings. Owner is open to bringing the restaurant up to code as needed.Outdoor Recreation - A soccer field, volleyball courts, and a playground provid

Location

State CA

County Santa Barbara

Area Smia - Santa Maria

Rooms

Kitchen Other

Interior

Heating Wall Furnace

Cooling None

Laundry Laundry Area,Community Facility

Exterior

Garage Spaces 20.0

Pool 31,None

View Hills

Building

Story One Story

Sewer Septic Tank / Pump

Water District - Public

Others

Tax ID 121031024

Special Listing Condition Not Applicable

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