UPDATE (5:50 p.m.) - Santa Maria police say the officers are waiting to be interviewed by the Santa Barbara County Sheriff's Office.
No officers were hurt and police say it's unclear whether the suspect fired his weapon at any point.
UPDATE (4:53 p.m.) - The Santa Barbara County Sheriff's Office has taken over the investigation involving a Santa Maria police officer, officials confirm.
Santa Maria Police Chief Phil Hansen said officials are in the process of collecting evidence from dashboard cameras in police vehicles and surveillance video from neighboring businesses.
Police said the suspect who was shot by the officer, was transported to Marian Regional Medical Center.
His condition remains unknown at this time.
ORIGINAL STORY (2:37 p.m.) - The Santa Maria Police Department said it is investigating an officer-involved shooting Sunday afternoon.
Authorities say the Santa Maria Police Dispatch Center received a 911 call of a man waving a gun in front of numerous community members at Boomers Miniature Golf Arcade, located on the 2200 block of Preisker Lane, at around 12:57 p.m.
At the time of the call, police say the business was occupied and employees ushered people inside, where they secured the doors and sheltered in place.
Santa Maria police officers arrived on scene and saw the suspect near the intersection of North Broadway and Preisker Lane holding a handgun, said officials.
One Santa Maria police officer shot the suspect, after which police officers rapidly engaged in lifesaving efforts to treat the suspect for his injuries, according to the police department.
The suspect was transported by medical personnel to a nearby hospital, where his condition is unknown.
KSBY News is sending a crew to the scene to get more information.
This story is developing. Please check back later as updates become available.