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Santa Maria Medical/Dental Office Building

504 E Church Santa Maria, CA 93454

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For Sale
$848,000

Turnkey medical/dental office building in Santa Maria, California.

Type:Commercial
Property size:
3,342 SF
Lot size:
0.18 Acres
Price / SF:
$253/SF
Added:
May 9, 2026
Days on Market:
64
Last Refresh:
May 9 at 12:01 am

Property Features for 504 E Church

General Information

Standard status
Active
Size
3,342 SF
Lot size
0.18 Acres
Property subtype
Commercial

Building Details

Year Built
1975

Listing office Modern Broker, Inc.

Listing date May 9, 2026

Source Elliman

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 Modern Broker, Inc.


Investment Insights

Based on property information with market context.

This charming 3,342 square foot professional office building is situated on a 7,840 square foot lot at 504 E Church Street in Santa Maria, California. The property is designed in the classic Entrada (Mission/Spanish Colonial Revival) architectural style and features a stucco exterior with a red tile roof and abundant natural light. The building has historically been home to successful local dental practices. The property is configured as two separate suites, each with its own reception/waiting areas, exam rooms, work rooms, and support spaces. The building currently offers seven operatory rooms for patient care (four in unit A and three in unit B), but with multiple offices, work rooms, lab areas, two more operatory suites would be an easy conversion for a total of nine operatory suites. By removing just one wall in the lobby area, the suites can be combined into one large, expansive practice. Suite A has a long-term tenant with over 40 years of continuous occupancy. Suite B is currently vacant. The property has recent upgrades. It also features ample parking, easy access, and prominent signage opportunities with excellent street visibility. The property offers potential for SBA and even owner financing.

Key Highlights

  • Prime medical/dental office location in Santa Maria with high visibility and strong historical occupancy.
  • Two‑suite configuration with a long‑term tenant in one suite (Suite A) providing immediate income.
  • Flexible layout with potential for single‑user conversion and expansion to nine operatory suites.

Local Financial Insights For Office B

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 $88.2k $26.40
− Vacancy −$12.4k −$3.70
EGI $75.9k $22.70
− OpEx −$19.0k −$5.68
NOI $56.9k $17.03
3,342 SF · lease $26.40/SF/yr · vacancy 14.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$813.0K
$711.4K – $948.5K (±1% cap)
NOI $56,908 @ 7.0% cap · market cap 6.71%
Second Best
Healthcare Medical
$773.4K
$676.8K – $902.3K (±1% cap)
NOI $54,140 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$1.13M
$988.2K – $1.32M (±1% cap)
NOI $79,053 @ 7.0% cap · market cap 9.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Anthony F. Riforgiate, ... Dental Office Dentist Dental Office

Suggested Use

HVAC Service Parking Lot & Garage Storage Facility Electrical Service Carpet & Flooring Store Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Tech Support Center Pet Store

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

Similar Off Market Nearby

  • Tami Waterman, DVM — Santa Maria, CA 93454

FAQs

What type of property is this?
Medical Office Space - Turnkey medical/dental office building in Santa Maria, California.
Where is this medical office space located?
The property is located at 504 E Church Santa Maria, CA.
What is the asking price?
The asking price for this property is $848,000.
What are key features of this property?
This property features: Prime medical/dental office location in Santa Maria with high visibility and strong historical occupancy.; **Two‑suite configuration with a long‑term tenant in one suite (Suite A) providing immediate income.**; Flexible layout with potential for single‑user conversion and expansion to nine operatory suites.
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