1507 N Broadway, Santa Maria,
Existing Valley Motel, huge corner lot, smack in the middle of down town Santa Maria, corner of Broadway, Donovan, Lincoln and Harding. Approx. 54000 sqft of lot, Zoned as per County records, Commercial/Residential/Mix use. 20 Units, all have kitchenettes. Many years this motel was rented on a nightly basis, but for the past 30 plus years its rented on a monthly basis, there are 2 other APN's on this property. Seller pays all utilities, taxes and insurance plus occupancy taxes to the City of Santa Maria. Drive by only, do not disturb tenants. Sellers do not want to sell as a motel but as a development property. Only serious and qualified buyers will view units with an acceptable offer. Gas station on the corner is not part of of the motel, separate owner.