16 W Mission Street, SANTA BARBARA, CA 93101
$4,000,000
Property Type:
Comm/Ofc
Square Footage:
13,094
Lot Size (sq. ft.):
28,125
Status:
Closed
Current Price:
$4,000,000
List Date:
10/09/2018
Last Modified:
4/16/2019
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
District: 20 - SB/WEST OF STATE
Street #: 16
Dir: W
Street Name: Mission
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N11
County: Santa Barbara
Parcel Number: 025-311-014
Cross Street: State Street
Contract Info
Current Price: $4,000,000
Price: 4230000
Buyers Agent $/%: 2
Begin Date: 2018-09-13
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
#Offices: 19
Total SqFt.: 13094
Apx Lot SqFt: 28125
Owner Info
Deposit: 126900
Remarks
Hot Sheet Comment: new
Status Change Info
Sold Date: 2019-03-08
Sold Price: $4,000,000
Under Contract Date: 2018-10-24
Business Info
# Pk/1000: 2.67
Property Features
Use: Office; Residential; Mixed Use
Zoning: Other
Condition: Average
Parking: Uncovrd
Terms: Cash; Ctnl
Listing Type: EA
Listing Office: Radius Group Commercial R.E.
Last Updated: April - 16 - 2019
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.