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16 W Mission Street, SANTA BARBARA, CA 93101

$4,000,000
Property Type: Commercial Sale Square Footage: 13,094 Lot Size (sq. ft.): 28,125 Status: Closed
Current Price: $4,000,000 List Date: 10/09/2018 Last Modified: 9/17/2024

Description

Charming Santa Barbara multi-tenant office/residential property in a courtyard setting with onsite parking. First time on the market and offered at only $323 per square foot. This ±13,094 square foot building has an excellent history of stable tenancy and has been generally well maintained. Opportunity for an investor or owner/occupant to create value by enhancing the units/property and stabilizing the property rents. The property is in the medium density overlay for residential and the rear parking area may have additional development. Additionally, due to the strength of apartment rents buyers may want to contemplate residential uses as it was originally an apartment building. Additional property details are enclosed. Do not disturb tenants. Contact listing agent for access.

More Information MLS# 18-3360

Location Info

Country: US Compass Map: Santa Barbara Map Grid: N11 Cross Street: State Street District: 20 - SB/WEST OF STATE Street #: 16 Dir: W Street Name: Mission Street Suffix: Street State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 025-311-014

Contract Info

Buyers Agent $/%: 2 Current Price: $4,000,000 Price: 4230000 Begin Date: 2018-09-13 Status: Closed

Property Information

For Sale/Lease: For Sale #Offices: 19 Apx Lot SqFt: 28125 TYP: Business Total SqFt.: 13094

Owner Info

Deposit: 126900

Remarks

Hot Sheet Comment: new

Condition

Average: 1

Business Info

# Pk/1000: 2.67

Use

Office: 1 Residential: 1 Mixed Use: 1

Zoning

Other: 1

Terms

Cash: 1 Conventional: 1

Listing Type

EA: 1

Parking

Uncovrd: 1

Status Change Info

Sold Date: 2019-03-08 Sold Price: $4,000,000 Under Contract Date: 2018-10-24

Property Features

Use: Office; Residential; Mixed Use Zoning: Other Condition: Average Parking: Uncovrd Terms: Cash; Conventional Listing Type: EA
Listing Office: Radius Group Commercial R.E.
IDX
Last Updated: September - 17 - 2024
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.

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