Remarks

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.

Details

MLS#: 25-965
Price: $100,000

Style: Commercial
Sq Ft: 0

County: Santa Barbara