Strip Mall

Santa Maria, CA Strip Malls for Sale

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Santa Maria Retail Investment Opportunity
Updated: Apr 21
Santa Maria Retail Investment Opportunity

508 W Main St, Santa Maria, CA 93458

Contact for pricing
9,122 sqft 0.33 AC lot
100% occupied multi‑tenant retail investment property generating $172,362 in annual gross income.
Significant value‑add opportunity through rent adjustments and conversion to NNN leases.
High‑traffic location on Highway 166 (W Main Street) with 24,050 cars per day**.
Five of six leases expire August 31, 2026, allowing for near‑term rent roll reset.
Located in Santa Maria, the largest city in Santa Barbara County, with strong demographics.
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Retail Strip Mall
Updated: Aug 29, 2025
Retail Strip Mall

550 E Betteravia Rd, Santa Maria, CA 93454

Contact for pricing
8,000 sqft
Zoned PD‑C2 (Planned Development – General Commercial)
Built in 2008
Retail strip mall
8,000 SF property size
Parking provided per city code
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See hot listings in Santa Maria

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
2 active listings match your search: Strip Mall for sale in Santa Maria, CA. Based on your search, we've also compiled 46 Potential Opportunities for your consideration: 4 properties in nearby cities and 42 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Leased Retail Center
Leased Retail Center

900 and 920 California Avenue, Bakersfield, CA 93304

$3,125,000

Six tenants occupy the center, with staggered lease terms and service-oriented businesses.

View details
Strip Retail Center For Sale
Strip Retail Center For Sale

3412 Ming Avenue, Bakersfield, CA 93309

Contact for pricing
83,998 sqft

Retail strip center available for sale in Bakersfield, suited for operators seeking storefront-oriented leasing.

View details
Multi-Tenant Retail Center
Multi-Tenant Retail Center

3609 State Street, Santa Barbara, CA 93105

$6,750,000

A diversified tenant roster includes restaurants, personal technology, financial services, wellness, beauty, and home improvement businesses.

View details
Retail Portfolio on Milpas Street
Retail Portfolio on Milpas Street

826-836 N Milpas St (Portfolio), Santa Barbara, CA

Contact for pricing
8,079 sqft 0.60 AC lot

Three retail buildings for sale in Santa Barbara, California.

View details

Off-Market Properties in Santa Maria, CA

Consider similar Off-Market properties in Santa Maria, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1527 Stowell Ctr Plz
SHOPPING CENTER, STRIP CENTER

1527 Stowell Ctr Plz, Santa Maria, CA 93458-7121

Estimated value:
$815,000
0.11 AC lot
View details
1617 Broadway
SHOPPING CENTER, STRIP CENTER

1617 Broadway, Santa Maria, CA 93454-1925

Estimated value:
$510,000
2.15 AC lot
View details
723 Main St
SHOPPING CENTER, STRIP CENTER

723 Main St, Santa Maria, CA 93454-4507

Estimated value:
$1,000,000
0.57 AC lot
View details
227 Betteravia Rd
SHOPPING CENTER, STRIP CENTER

227 Betteravia Rd, Santa Maria, CA 93454-7803

Estimated value:
$2,200,000
0.44 AC lot
View details
1760 Broadway
SHOPPING CENTER, STRIP CENTER

1760 Broadway, Santa Maria, CA 93454-7604

Estimated value:
$5,925,000
3.19 AC lot
View details
3580 Orcutt Rd
SHOPPING CENTER, STRIP CENTER

3580 Orcutt Rd, Santa Maria, CA 93455-2606

Estimated value:
$2,255,000
16,000 sqft 1.54 AC lot
View details
729 Main St, Unit B
SHOPPING CENTER, STRIP CENTER

729 Main St, Santa Maria, CA 93454-4571

Unit B
Estimated value:
$310,000
0.18 AC lot
View details
705 Main St
SHOPPING CENTER, STRIP CENTER

705 Main St, Santa Maria, CA 93458

Estimated value:
$430,000
0.83 AC lot
View details
1635 Broadway
SHOPPING CENTER, STRIP CENTER

1635 Broadway, Santa Maria, CA 93454-1925

Estimated value:
$455,000
0.63 AC lot
View details
2400 Broadway
SHOPPING CENTER, STRIP CENTER

2400 Broadway, Santa Maria, CA 93454

Estimated value:
$720,000
10.81 AC lot
View details
4869 Bradley Rd Ste, Unit 128
SHOPPING CENTER, STRIP CENTER

4869 Bradley Rd Ste, Santa Maria, CA 93455-5070

Unit 128
Estimated value:
$385,000
0.13 AC lot
View details
4869 Bradley Rd Ste, Unit 101
SHOPPING CENTER, STRIP CENTER

4869 Bradley Rd Ste, Santa Maria, CA 93455-5087

Unit 101
Estimated value:
$3,920,000
28,730 sqft 2.15 AC lot
View details
1202 Cook St
SHOPPING CENTER, STRIP CENTER

1202 Cook St, Santa Maria, CA 93458-4944

Estimated value:
$355,000
0.47 AC lot
View details
325 Betteravia Rd
SHOPPING CENTER, STRIP CENTER

325 Betteravia Rd, Santa Maria, CA 93454-7815

Estimated value:
$660,000
3.01 AC lot
View details
1103 Clark Ave
SHOPPING CENTER, STRIP CENTER

1103 Clark Ave, Santa Maria, CA 93455-5144

Estimated value:
$6,635,000
50,409 sqft 7.68 AC lot
View details
1811 Broadway
SHOPPING CENTER, STRIP CENTER

1811 Broadway, Santa Maria, CA 93454-1404

Estimated value:
$755,000
4.51 AC lot
View details
1318 Broadwayd
SHOPPING CENTER, STRIP CENTER

1318 Broadwayd, Santa Maria, CA 93454-6912

Estimated value:
$620,000
6.22 AC lot
View details
338 Betteravia Rd
SHOPPING CENTER, STRIP CENTER

338 Betteravia Rd, Santa Maria, CA 93454-7846

Estimated value:
$515,000
1.07 AC lot
View details
223 Betteravia Rd
SHOPPING CENTER, STRIP CENTER

223 Betteravia Rd, Santa Maria, CA 93454-7803

Estimated value:
$725,000
9.28 AC lot
View details
709 Main St
SHOPPING CENTER, STRIP CENTER

709 Main St, Santa Maria, CA 93454-4572

Estimated value:
$425,000
0.52 AC lot
View details
340 Betteravia Rd
SHOPPING CENTER, STRIP CENTER

340 Betteravia Rd, Santa Maria, CA 93454-7847

Estimated value:
$430,000
0.66 AC lot
View details
230 Betteravia Rd
SHOPPING CENTER, STRIP CENTER

230 Betteravia Rd, Santa Maria, CA 93454-7845

Estimated value:
$685,000
4.44 AC lot
View details

Santa Maria, CA Strip Malls Market Trends and Statistics

Explore 44 strip malls for sale in Santa Maria, CA on our real estate platform. These investment opportunities span a total of 17,122 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4
Shopping centers 2
Auto shops 1
Automotive properties 1
Grocery and convenience stores 1

Demographics Overview

Population 145K
Population Growth (5Y) +1.4%
Median Household Income $87,267
College Educated 15.3%

Taxes & Financing

Tax Rate (average for all types) 1.11%
Property Tax per SF $20.48 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Barbara County

New Delisted

Total CRE Inventory on Market (SF)

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