19-31 Canon Perdido Street, SANTA BARBARA, CA 93101 (MLS# 17-1999)

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19-31 Canon Perdido Street, SANTA BARBARA, CA 93101

$8,000,000

Property Type: Commercial Sale Status: Closed

Current Price: $8,000,000 List Date: 6/14/2017 Last Modified: 9/16/2024

Overview

Description

This offering of El Centro Building, a prominent three-story office & retail building, is a rare opportunity to acquire an irreplaceable asset in downtown Santa Barbara. The property, adjacent to the renowned Lobero Theatre and ideally situated within Santa Barbara’s vibrant Presidio District, is 82% occupied by multiple tenants with leases expiring in 2017 and 2018. Short-term leases provide the creative investor with in-place income to transform the property into any combination of office and retail spaces.

Listing Details MLS# 17-1999

Location Info

District: 20 - SB/WEST OF STATE
Street #: 19-31
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: 039-332-038
Cross Street: State

Contract Info

Price: 7950000
Buyers Agent $/%: 2.5
Begin Date: 2017-06-14

Property Information

TYP: Business
For Sale/Lease: For Sale
#Offices: 0

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2017-09-06
Under Contract Date: 2017-07-17

Owner Info

Deposit: 0

More Information

Zoning

C-2: Yes

Terms

Other: Yes

Listing Type

ER: Yes

Property Features

Zoning: C-2 Terms: Other Listing Type: ER

Documents

Flyer ›

Listing Office: Hayes Commercial Group

Last Updated: September - 16 - 2024

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