117-135 E Ortega Street, SANTA BARBARA, CA 93101
$8,550,000
Property Type:
Comm/Ofc
Square Footage:
15,933
Status:
Closed
Current Price:
$8,550,000
List Date:
6/02/2022
Last Modified:
4/11/2023
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
District: 15 - SB/EAST OF STATE
Street #: 117-135
Dir: E
Street Name: Ortega
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 031-081-021
Cross Street: Santa Barbara St.
Contract Info
Current Price: $8,550,000
Price: 8250000
Buyers Agent $/%: 2.5
Begin Date: 2022-06-02
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
#Offices: 2
Total SqFt.: 15933
Owner Info
Deposit: 247500
Remarks
Hot Sheet Comment: new
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; Ctnl
Listing Type: ER
Documents
Listing Office: Radius Group Commercial R.E.
Last Updated: April - 11 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers.
All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.