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    Medical Office with Exam Rooms Title is generated by Realmo AI

    821 E Chapel St, Santa Maria, CA 93454

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    Well-appointed medical office suite with exam rooms, waiting and reception areas, and ample parking.

    Type:OFFICE
    Property size:
    1,306 SF
    Price / SF:
    $306/SF
    Added:
    Jun 12, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 20 at 4:48 am

    Property Features for 821 E Chapel St

    General Information

    Standard status
    Active
    Size
    1,306 SF
    Property subtype
    OFFICE

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    Listing Contact
    Steve McCarty
    Steve McCarty

    Listing agent Alyx Lemos License #01843738

    Listing office McCarty Davis Commercial Real Estate

    Listing date Jun 12, 2026

    Source Moodyscre

    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

    HighLights

    • Commercial and Professional Office (CPO) zoning
    • About 1,306 SF medical office suite
    • 5 exam rooms, including one former physician’s office
    • Spacious waiting area plus reception and break area
    • 2 restrooms
    • Ample parking

    Overview

    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.

    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 $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 (±1% cap)
    NOI $22,239 @ 7.0% cap · market cap 5.56%
    Second Best
    Healthcare Medical
    $302.2K
    $264.5K – $352.6K (±1% cap)
    NOI $21,157 @ 7.0% cap · market cap 5.29%
    Theoretical Best
    Office A
    $441.3K
    $386.2K – $514.9K (±1% cap)
    NOI $30,893 @ 7.0% cap · market cap 7.72%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Medical Plaza Medical Clinic Traveller's Immunization Clinic Medical Clinic Paul Dougherty, MD Physician Central Coast Retina Ophthalmologist Dr. Jon Soble ... Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Tami Waterman, DVM — Santa Maria, CA 93454

    Location Insight

    • Map
    • Local Demand
    City
    Santa Maria
    County
    Santa Barbara
    State
    California
    Longitude
    -120.423691
    Latitude
    34.9546055

    FAQs

    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
    (805) 543-1801 Call to check price and availability
    More about this property
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