Partager cette annonce

Message

929 caractères restants

Hmm, il semble y avoir eu une erreur lors de l’envoi de votre message. Veuillez réessayer.

Votre courriel a été envoyé.

Toujours intéressé ?

Contactez le courtier pour plus d'informations sur cette propriété

Certaines informations ont été traduites automatiquement.

Faits saillants de l'investissement

  • Multi-tenant office and service retail property offering flexibility for a diverse mix of office, medical, and service-oriented tenants.
  • Positioned near Broadway Plaza and Stowell Shopping Centers, providing tenants and visitors with abundant nearby amenities.
  • Ownership has invested over $1 million in recent upgrades including new windows, HVAC systems, landscaping, walkways, parking lot
  • Centrally located between Stowell Road and Barcellus Avenue, with immediate access to Highway 101 and South Broadway for strong regional connectivity.
  • Features 103 on-site parking spaces with additional off-site parking capacity and frontage along three sides of a courtyard design.
  • Current occupancy of approximately 83%, delivering immediate income with upside potential through lease stabilization and rent adjustments

Résumé de l'annonce

Located between Stowell Road and Barcellus Avenue, 1414 S Miller Street is a 34,595 SF multi-tenant office and service retail property positioned within central Santa Maria. Situated on approximately 2.5 acres, the property offers a rare combination of scale, flexibility, and upside in an established commercial and residential infill neighborhood. With a total of 28 suites consisting of one restaurant, 24 office suites, and 3 suites laid out for 20 separate executive suites, the project accommodates a broad range of office, medical, and service-oriented tenants. Tenants benefit from frontage along three sides of the project’s courtyard design and use of 103 on-site parking spaces. Located just behind Broadway Plaza and Stowell Shopping Centers, one block off South Broadway and two blocks from Highway 101, the property offers strong accessibility with more than 14,000 CPD along the corridor.
Current ownership has invested more than $1M towards improvements including new windows, HVAC upgrades, walkway and landscaping improvements, parking lot work, and various electrical, plumbing, and interior upgrades. Currently 83% occupied, the asset provides immediate cash flow with an in-place Cap Rate of 5.49% and a clear path to a ~7% Cap Rate through stabilization of the three current vacancies (inclusive of stabilization costs) with additional upside to an estimated 8%+ Cap Rate through pending renewals at market rents. The site’s parcel size, parking field, and layout also offer longer-term optionality, including potential condo conversion or repositioning to senior housing or market-rate apartments, subject to City approvals. This is an attractive opportunity for investors seeking:
• In-place income with value-add potential through lease-up
and mark-to-market rent growth
• A diversified rent roll with office, medical, and service
business tenancies
• Long-term appreciation supported by continued corridor
reinvestment
• Future flexibility through potential condo or residential
repositioning, subject to approvals
With strong underlying real estate, a central location, and clear paths to higher rents through lease management, 1414 S Miller Street offers a scalable asset with both current income and meaningful upside on California’s Central Coast.
Address 1414 S Miller St,
Santa Maria CA 93454
APN 128-067-002
Gross Leasable Area 34,595
Site Area 2.53 Acres
Zoning CPO - Professional office
Year Built 1962, Renovated in 2002 and
2018-2024
Parking 103 spaces on-site, and
potentially 15+ off-site
# of Buildings Eight (8)
# of Suites Twenty-eight (28)
HVAC Yes, in all suites
Investment Details
Asking Price $6,695,000
Price PSF Building $194
Price PSF Land $61
Cap Rate 5.49% (current)
6.96% (est. stabilized current)
8.21% (est. market)
Current Occupancy 83%
Current Vacancy* 17%
Financials To be provided upon receipt
of executed Confidentiality
Agreement
Note: Vacancy totals 5,543 SF in three suites: restaurant and two office suites. Call Listing Agent for more details. Seller has interest in the restaurant business which occupies Suites E & F (restaurant suite) which does not pay rent.

Faits sur la propriété

Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
34 595 pi²
Classe d’immeuble
C
Année de construction/rénovation
1962/2002
Prix
9 419 865 $ CAD
Prix par pi²
272,29 $ CAD
Taux de capitalisation
6,96%
Revenu net d’exploitation
655 623 $ CAD
Pourcentage loué
84%
Location
Multiples
Hauteur du bâtiment
1 étage
Superficie de plancher typique
16 751 pi²
Coefficient d’occupation des sols de l’immeuble
0,31
Taille du lot
2,53 AC
Zonage
CPO - Immeuble de bureaux
Stationnement
103 places

Commodités

  • Ligne d'autobus
  • Climatisation
  • Système de plancher surélevé

Principaux locataires

  • Locataire
  • Secteur
  • pi² Occupé
  • Loyer/pi²
  • Type de bail
  • Fin du bail
  • A Santa Maria Holistic Health-Auto Injury
  • Soins de santé et assistance sociale
  • -
  • -
  • -
  • -
  • Soins de santé et assistance sociale
  • -
  • -
  • -
  • -

Amigo Baby is a provider of early intervention services for infants and young children, with programs built around family-centered and individualized care. The company offers occupational therapy, physical therapy, speech therapy, and early intervention specialist support, and services are delivered in the child’s natural environment or in a therapy center. Amigo Baby also describes a web-based platform and mobile application for child development, along with interactive classes and parent education resources that support routines, play, communication, and learning. The company’s public materials emphasize collaboration with families, culturally sensitive service delivery, and practical support for day-to-day developmental needs.

  • Soins de santé et assistance sociale
  • -
  • -
  • -
  • -

Chiropractors are best known for treating back or neck pain, but they can also help with any pain or discomfort that is being generated by the nerves in the joints, muscles, tendons or ligaments. A chiropractor can also help to treat and rehabilitate many specific injuries - see a partial list of treatable conditions below. If you are suffering from neck, back, extremity or other health issues, consider chiropractic care as a non-invasive treatment that can help you experience relief from pain, and a return to the activities that make life worth living.

  • CHC Dental Svc
  • Soins de santé et assistance sociale
  • -
  • -
  • -
  • -
  • Coast Valley Treatment Center
  • Soins de santé et assistance sociale
  • -
  • -
  • Brut modifié
  • Avr. 2020
  • Soins de santé et assistance sociale
  • -
  • -
  • -
  • -

Sansum Clinic, the largest non-profit outpatient healthcare organization between Los Angeles and the San Francisco Bay area, is now part of Sutter Health. Sutter and Sansum each have a century-long commitment to improving the health of the communities they serve. Unified by their common missions and values, they are now embarking on a journey to shape the future of healthcare on the Central Coast. Together, they will build on Sansum’s legacy while forging a new path forward. This partnership is specifically designed to increase access to high-quality, multispecialty care, to advance thier integrated care model, to provide a more connected, seamless experience for patients, and to meet diverse community needs for generations to come.

  • Finance et assurances
  • -
  • -
  • Brut modifié
  • Mai 2026

First Command Financial Services began in 1958 when Carroll Payne, a retired Air Force officer, identified a need for financial planning assistance among military families. The company started as United Services Investment Association and became First Command Financial Planning in 2001. First Command provides financial coaching through advisors who understand military life. Services include investment advice, insurance, and banking products. The company serves active-duty and retired military families.

  • Détaillant
  • -
  • -
  • -
  • -

Hometown Pharmacy is a curation of over 70 independent pharmacies focused on personalized patient care. They are evolving the face of healthcare by educating and empowering their patients and communities to make informed decisions about their health. Many of their pharmacists live in the communities they serve. They know their patients by name and strive to provide them the best care imaginable. They take a proactive approach to healthcare by teaching their patients to make time for their health now so they don't have to make time for disease later. They also work to get patients off of their prescriptions through lifestyle changes, nutritional programs, supplementation, sleep and stress recommendation, and more. They want to see their patients healthy and living their best lives.

  • Stephen W. Young, DC
  • Soins de santé et assistance sociale
  • -
  • 25,33 $ CAD
  • Brut modifié
  • Mars 2017
  • Sun Coast Farms
  • Agriculture, foresterie, pêche et chasse
  • -
  • -
  • Brut modifié
  • Nov. 2028
Locataire Secteur pi² Occupé Loyer/pi² Type de bail Fin du bail
A Santa Maria Holistic Health-Auto Injury Soins de santé et assistance sociale - - - -
Soins de santé et assistance sociale - - - -
Soins de santé et assistance sociale - - - -
CHC Dental Svc Soins de santé et assistance sociale - - - -
Coast Valley Treatment Center Soins de santé et assistance sociale - - Brut modifié Avr. 2020
Soins de santé et assistance sociale - - - -
Finance et assurances - - Brut modifié Mai 2026
Détaillant - - - -
Stephen W. Young, DC Soins de santé et assistance sociale - 25,33 $ CAD Brut modifié Mars 2017
Sun Coast Farms Agriculture, foresterie, pêche et chasse - - Brut modifié Nov. 2028

Disponibilité des espaces

  • Espace
  • Taille
  • Utilisation de l’espace
  • Aménagement
  • Disponible
  • 1er Ét.-ste E & F
  • 2 051 pi²
  • Commerce de détail
  • -
  • Maintenant
  • 1er Ét.-ste H
  • 1 118 pi²
  • Bureau/Commerce de détail
  • -
  • Maintenant
  • 1er Ét.-ste P
  • 2 374 pi²
  • Bureau/Commerce de détail
  • -
  • Maintenant
Espace Taille Utilisation de l’espace Aménagement Disponible
1er Ét.-ste E & F 2 051 pi² Commerce de détail - Maintenant
1er Ét.-ste H 1 118 pi² Bureau/Commerce de détail - Maintenant
1er Ét.-ste P 2 374 pi² Bureau/Commerce de détail - Maintenant

1er Ét.-ste E & F

Taille
2 051 pi²
Utilisation de l’espace
Commerce de détail
Aménagement
-
Disponible
Maintenant

1er Ét.-ste H

Taille
1 118 pi²
Utilisation de l’espace
Bureau/Commerce de détail
Aménagement
-
Disponible
Maintenant

1er Ét.-ste P

Taille
2 374 pi²
Utilisation de l’espace
Bureau/Commerce de détail
Aménagement
-
Disponible
Maintenant
Moyennement accessible à pied
60/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
50/100

Impôts fonciers

Impôts fonciers

Numéro de lot
128-067-002
Évaluation du terrain
3 569 755 $ CAD
Évaluation des bâtiments
2 538 490 $ CAD
Évaluation totale
6 108 244 $ CAD
  • ID d’inscription: 40426289

  • Date de mise sur le marché: 2026-05-06

  • Dernière mise à jour:

  • Adresse: 1414 S Miller St, Santa Maria, CA 93454

Lien copié
Votre compte LoopNet a été créé !

Veuillez partager vos commentaires

Nous vous invitons à nous faire part de vos commentaires sur la façon dont nous pouvons améliorer LoopNet afin de mieux répondre à vos besoins.
X
{{ getErrorText(feedbackForm.starRating, "Ce notation") }}
255 Limite de caractères ({{ remainingChars() }} caractèrecaractères restantsur)
{{ getErrorText(feedbackForm.msg, "Ce notation") }}
{{ getErrorText(feedbackForm.fname, "Ce prénom") }}
{{ getErrorText(feedbackForm.lname, "Ce nom") }}
{{ getErrorText(feedbackForm.phone, "Ce numéro de téléphone") }}
{{ getErrorText(feedbackForm.phonex, "Cette extension de téléphone") }}
{{ getErrorText(feedbackForm.email, "Cet email") }}