Multi-unit property in the Commercial Office and Professional Office District! Situated on a corner lot with excellent street visibility, convenient proximity to amenities such as shopping and banking, and a parking lot with ten designated spots, this Spanish styled home exudes old world charm while offering terrific investment potential. Stepping through the arched entry of the approximately 1,174 square foot primary building, you are greeted with an inviting reception room with oak wood flooring and abundant natural light. Additionally, with four additional office/work spaces, the floor plan is suitable for a variety of allowed businesses under the City of Santa Maria's Municipal Code. A spacious kitchen area, two bathrooms, and an outdoor space with a storage shed are also included. At nearly 500 square feet, the secondary rear structure enjoys a private drive space, easy access to street parking, multiple office areas, a bathroom, and a fully fenced private back yard area with mature landscaping. Whether you're an investor seeking cash flow, or a small business owner looking for long term stability, 123 S. College Drive is a wonderful opportunity!