Santa Maria, CA 93454,1324 N Broadway
Santa Maria, CA 93454,1324 N Broadway
Santa Maria, CA 93454,1324 N Broadway
Santa Maria, CA 93454,1324 N Broadway
Santa Maria, CA 93454,1324 N Broadway
Santa Maria, CA 93454,1324 N Broadway
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$ 100,000
Est. payment | /mo

102 Baths


Save
$ 100,000
Est. payment | /mo
Save

102 Baths

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25-965

Originating Board Santa Barbara Multiple Listing Service

Property Sub-Type Commercial

Property Description

Exceptional Workforce Housing or Community Living Opportunity for Lease at 1324 N. Broadway in Santa Maria, CA. For lease at $100K / month gross lease.

This 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.

With flexible leasing options and a range of on-site amenities, this turn-key property is ready to accommodate a variety of tenant needs.

Property Highlights
• 100 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 delaysthis property is available for immediate tenancy.
On-Site Amenities
" 7,200 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 provide ample space for leisure and physical activity.
" Food Service Flexibility - While the restaurant space is currently non-operational, food trucks have historically served the location daily and nightly, offering convenient meal options for residents. The owner is willing to bring the restaurant up to code.
Lease Structure
" Modified Gross Lease - Owner covers property taxes and insurance; tenants are responsible for utilities and property management.
" Flexible Terms - Negotiable lease terms to accommodate tenant needs.

Santa Maria Workforce Housing Demand & Demographics:
Santa Maria is one of California's fastest-growing cities, with a strong demand for affordable workforce housing driven by key industries such as agriculture, manufacturing, healthcare, and education.
" Population Growth - Over 110,000 residents, with a steady annual increase.
" Workforce Demand - Santa Maria is home to a large workforce, including farmworkers, service industry employees, and healthcare professionals who require accessible housing options.
" Affordability Gap - The median home price exceeds $600,000, making rental housing a critical need for many local employees.
" Proximity to Major Employers - Convenient access to regional employment hubs, ensuring a steady demand for workforce accommodations.
This is a rare opportunity to secure a fully equipped, large-scale housing solution in a prime Santa Maria location.
Schedule a Tour Today!
This property is easy to show and ready for immediate occupancy. Contact listing agents today to arrange a private tour and explore this exceptional leasing opportunity.

Location

State CA

County Santa Barbara

Direction 101 North exit Donovan left to Broadway. Turn left on Broadway and property is on the left a short ways down the street.

Building

New Construction No

Others

Tax ID 121-031-024

Listed by Century 21 Masters
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1324 N Broadway