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Mixed-Use Shopping Center For Sale

2125 S BROADWAY Santa Maria, CA 93454

2125 S BROADWAY, Santa Maria, CA, 93454
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Mixed-use shopping center on Broadway & Betteravia corner.

Property Size36,241 SF
Lot Size2.64 Acres
Price / SF$303.52
AddedMay 26
Days on Market52
Last RefreshJul 15 at 12:43 am

Property Features for 2125 S BROADWAY

General Information

Standard status
Active
Size
36,241 SF
Lot size
2.64 Acres
Property subtype
Retail, Office

Building Details

Year Built
2012

Listing office Santa Maria -Pacifica Commercial Realty

Listing date May 26, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Santa Maria -Pacifica Commercial Realty


Investment Insights

Based on property information with market context.

Pine Tree Plaza is a mixed-use shopping center with approximately 36,241 square feet of building area. It is situated on three parcels totaling approximately 2.64 acres of land, located on the corner of Broadway and Betteravia in Santa Maria, CA. The property consists of multiple buildings. Building A, suites 101-104, contains 5 commercial suites and has approximately 9,200 square feet. Building B, suites 105-108 and 205, features 4 commercial suites plus 1 upstairs office/residential suite, totaling approximately 12,776 square feet. Building C, suites 109-112, includes 4 commercial suites and has approximately 7,625 square feet. Building D, suite 113, contains 1 upstairs office/residential suite plus 2 garages, totaling approximately 3,000 square feet. Additionally, there is a free-standing automotive accessories building with approximately 3,640 square feet.

Key Highlights

  • Mixed‑use shopping center with +/-36,241 SF of building area
  • Located on the corner of Broadway & Betteravia
  • +/-2.64 acres of land

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $782.8k $21.60
− Vacancy −$66.5k −$1.84
EGI $716.3k $19.76
− OpEx −$214.9k −$5.93
NOI $501.4k $13.83
36,241 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$7.16M
$6.27M – $8.36M (±1% cap)
NOI $501,387 @ 7.0% cap · market cap 4.56%
Second Best
Mixed Use
$7.07M
$6.18M – $8.24M (±1% cap)
NOI $494,690 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$12.25M
$10.72M – $14.29M (±1% cap)
NOI $857,259 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Michelle Horenberger: Allstate ... Insurance Agency Custom Workouts Personal ... Gym & Fitness Center Fitness Innovations Gym & Fitness Center Girls & Boys United ... Charitable Organization Mrs. Pamela Burgess Physician

Suggested Use

HVAC Service Parking Lot & Garage Storage Facility Hotel & Motel (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Electrical Service Skin Care Clinic Garden Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Mixed-use shopping center on Broadway & Betteravia corner.
Where is this mixed-use property located?
The property is located at 2125 S BROADWAY Santa Maria, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Mixed‑use shopping center with +/-36,241 SF of building area; Located on the corner of Broadway & Betteravia; +/-2.64 acres of land
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