101 W Canon Perdido Street, SANTA BARBARA, CA 93101 (MLS# 23-3614)

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101 W Canon Perdido Street, SANTA BARBARA, CA 93101

$13,995,000

Property Type: Commercial Sale Square Footage: 28,514 Status: Closed

Current Price: $13,995,000 List Date: 12/05/2023 Last Modified: 9/17/2024

Overview

Description

The offering is comprised of two properties in an outstanding location, across the street from Paseo Nuevo mall on the ascendant Chapala Street corridor. This is a high-value block both for office property and other uses, such as residential development. The commercial condominium is located in a Santa Barbara landmark, a 67,947 SF three-story building dating from the 1930s at 101 W Canon Perdido St. The condo consists of portions of all three floors, all elevator-served. The adjacent parcel at 102 W De La Guerra St is improved as a parking lot that will generate income as-is, and potential exists to add value through entitlements.

Supplements: AUD: "Commercial/Medium High Residential" overlay (15-27 du/ acre)

Listing Details MLS# 23-3614

Location Info

District: 20 - SB/WEST OF STATE
Street #: 101
Dir: W
Street Name: Canon Perdido
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 037-042-037
Cross Street: De La Vina St

Contract Info

Price: 17072000
Buyers Agent $/%: 2.5
Begin Date: 2023-12-05

Property Information

TYP: Business
For Sale/Lease: For Sale
Gross Sq Ft: 28514
Total SqFt.: 28514
Stories: 0
#Offices: 0

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2023-12-05
Under Contract Date: 2023-12-05

Owner Info

Deposit: 0

More Information

Zoning

Other: Yes

Terms

Other: Yes

Listing Type

ER: Yes

Property Features

Zoning: Other Terms: Other Listing Type: ER

Listing Office: Hayes Commercial Group

Last Updated: September - 17 - 2024

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