212 Cottage Grove Avenue, SANTA BARBARA, CA 93101
$3,175,000
Property Type:
Comm/Ofc
Square Footage:
7,005
Lot Size (sq. ft.):
12,196
Status:
Closed
Current Price:
$3,175,000
List Date:
1/04/2018
Last Modified:
4/17/2019
Description
Amazing opportunity to purchase this 100% occupied mixed-use property in downtown Santa Barbara. This well-maintained Craftsman building includes 4,050 SF of commercial office/retail space on the ground floor plus three (3) residential units on the 2nd floor (two 2BD/1BA and one 3BD/1BA apartments), all located on a 12,196 SF lot with 22 on-site parking spaces. Excellent location near State Street, the Funk Zone, Santa Barbara City College and the beach, with convenient access to Highway 101.
More Information MLS# 18-37
Location Info
District: 20 - SB/WEST OF STATE
Street #: 212
Street Name: Cottage Grove
Street Suffix: Avenue
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O13
County: Santa Barbara
Parcel Number: 037-201-017
Cross Street: De La Vina
Contract Info
Current Price: $3,175,000
Price: 3379000
Buyers Agent $/%: 2.5
Begin Date: 2018-01-03
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
Gross Sq Ft: 7005
Nt Rt Sq Ft.: 7005
Total SqFt.: 7005
Apx Lot SqFt: 12196
Remarks
Hot Sheet Comment: new
Status Change Info
Sold Date: 2018-03-01
Sold Price: $3,175,000
Under Contract Date: 2018-01-26
Business Info
# Pk/1000: 4
Income/Expenses
Annual Gross Income: 217095
NOI: 155948
Total Ann Exp: 61147
Property Features
Use: Office; Retail/Commercial; Residential; Mixed Use
Zoning: C-2
Terms: Other
Listing Type: ER
Contingent Remarks: OTHER
Listing Office: Hayes Commercial Group
Last Updated: April - 17 - 2019
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