212 Cottage Grove Avenue, SANTA BARBARA, CA 93101 (MLS# 18-37)

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212 Cottage Grove Avenue, SANTA BARBARA, CA 93101

$3,175,000

Property Type: Commercial Sale Square Footage: 7,005 Lot Size (sq. ft.): 12,196 Status: Closed

Current Price: $3,175,000 List Date: 1/04/2018 Last Modified: 9/16/2024

Overview

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.

Listing Details MLS# 18-37

Location Info

District: 20 - SB/WEST OF STATE
Street #: 212
Street Name: Cottage Grove
Street Suffix: Avenue
State: CA
Country: US
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

Price: 3379000
Buyers Agent $/%: 2.5
Begin Date: 2018-01-03

Property Information

TYP: Business
For Sale/Lease: For Sale
Gross Sq Ft: 7005
Nt Rt Sq Ft.: 7005
Total SqFt.: 7005
Apx Lot SqFt: 12196
#Offices: 0

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2018-03-01
Under Contract Date: 2018-01-26

Business Info

# Pk/1000: 4

More Information

Owner Info

Deposit: 0

Income/Expenses

Annual Gross Income: 217095
NOI: 155948
Total Ann Exp: 61147

Use

Office: Yes
Retail/Commercial: Yes
Residential: Yes
Mixed Use: Yes

Zoning

C-2: Yes

Terms

Other: Yes

Listing Type

ER: Yes

Contingent Remarks

OTHER: Yes

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: September - 16 - 2024

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