Medical Office with Exam
For Sale
Contact for pricing
821 E Chapel St, Santa Maria, CA 93454
Well-appointed medical office suite with exam rooms, waiting and reception areas, and ample parking.
Property Size1,306 SF
Price / SF$306.28
Days on Market54
Property Features for 821 E Chapel St
General Information
Standard status
Active
Size
1,306 SF
Property subtype
OFFICE
Zoning
CPO
Listing Agency:
McCarty Davis Commercial Real Estate
(805) 543-1801
Listed By:
Alyx Lemos · License #01843738
(805) 801-7769
Source:
Moodyscre
Added: Jun 12
Changed: Jul 10
Last Checked: Aug 4 at 7:44AM
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 McCarty Davis Commercial Real Estate
Investment Insights
Based on property information with market context.
This medical office space offers approximately 1,306 square feet configured for clinical use, including five exam rooms and two restrooms. The interior also includes a reception area, a spacious waiting area, and a break area for staff. One exam room was previously used as a physician’s office, which may support continued exam-room or consult-style workflows. The suite is positioned to accommodate day-to-day patient visits with both patient-facing and staff support spaces.
The property is zoned CPO (Commercial and Professional Office). It also benefits from ample parking, which can be important for patient access and client convenience. This zoning and parking availability make the offering straightforward for professional office and healthcare-related operations within the permitted CPO framework.
For a buyer or operator, the layout is purpose-built for medical or similar professional services that require multiple exam rooms plus waiting and reception areas. The combination of dedicated patient space and separate restrooms and break area can help support efficient scheduling and day-to-day office flow. If you’re looking for a clinical-friendly office configuration within a CPO-zoned property, this suite provides a compact, organized footprint designed around patient visits.
The property is zoned CPO (Commercial and Professional Office). It also benefits from ample parking, which can be important for patient access and client convenience. This zoning and parking availability make the offering straightforward for professional office and healthcare-related operations within the permitted CPO framework.
For a buyer or operator, the layout is purpose-built for medical or similar professional services that require multiple exam rooms plus waiting and reception areas. The combination of dedicated patient space and separate restrooms and break area can help support efficient scheduling and day-to-day office flow. If you’re looking for a clinical-friendly office configuration within a CPO-zoned property, this suite provides a compact, organized footprint designed around patient visits.
Key Highlights
- Commercial and Professional Office (CPO) zoning
- About 1,306 SF medical office suite
- 5 exam rooms, including one former physician’s office
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 | $34.5k | $26.40 |
| − Vacancy | −$4.8k | −$3.70 |
| EGI | $29.7k | $22.70 |
| − OpEx | −$7.4k | −$5.68 |
| NOI | $22.2k | $17.03 |
1,306 SF · lease $26.40/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$317.7K
$278.0K – $370.7K
NOI $22,239 @ 7.0% cap · market cap 5.56%
Second Best
Healthcare Medical
$302.2K
$264.5K – $352.6K
NOI $21,157 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$441.3K
$386.2K – $514.9K
NOI $30,893 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,617
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93454, CA
40,994
Population
12,413
Households
3.3
Avg Household Size
33
Median Age
18%
College-Educated
74%
High-School Grad
418.3 sq mi
ZIP Area
98
Density / Sq Mi
$84,178
Median Household Income
$34,883
Median Earnings
$1,750
Median Rent
$477,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Tami Waterman, DVM — Santa Maria, CA 93454
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-appointed medical office suite with exam rooms, waiting and reception areas, and ample parking.
Where is this medical office space located?
The property is located at 821 E Chapel St Santa Maria, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Commercial and Professional Office (CPO) zoning; About 1,306 SF medical office suite; 5 exam rooms, including one former physician’s office
