117-135 E Ortega Street, SANTA BARBARA, CA 93101
$8,550,000
Property Type:
Commercial Sale
Square Footage:
15,933
Status:
Closed
Current Price:
$8,550,000
List Date:
6/02/2022
Last Modified:
9/17/2024
Description
Prominent corner in downtown Santa Barbara that includes 2 parcels totaling 1.06 Acres with 280 ft. of street frontage. Development onsite includes a 2-story office building, a 1-story office building, a double arch Quonset Hut, & a 2-story residence known as the Garretson
House built in 1890, which is a potential city landmark. The residence is currently occupied by a month-to-month tenant. The single story office building & Quonset hut are currently occupied by Pacific Acoustics North and the 2-story office building is currently vacant. According to
the DMI Land Use Analysis, the site is located within the City's Priority
Housing Overlay district that would allow up to 66 residential units.
More Information MLS# 22-1796
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: O12
Cross Street: Santa Barbara St.
District: 15 - SB/EAST OF STATE
Street #: 117-135
Dir: E
Street Name: Ortega
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 031-081-021
Contract Info
Buyers Agent $/%: 2.5
Current Price: $8,550,000
Price: 8250000
Begin Date: 2022-06-02
Status: Closed
Property Information
For Sale/Lease: For Sale
#Offices: 2
TYP: Business
Total SqFt.: 15933
Owner Info
Deposit: 247500
Remarks
Hot Sheet Comment: new
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Status Change Info
Sold Date: 2023-04-11
Sold Price: $8,550,000
Under Contract Date: 2022-09-19
Property Features
Zoning: Other
Terms: Cash; Conventional
Listing Type: ER
Documents
Flyer ›
Listing Office:
Radius Group Commercial R.E.
Last Updated: September - 17 - 2024
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