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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

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

Country: US Compass Map: Santa Barbara Map Grid: O13 Cross Street: De La Vina District: 20 - SB/WEST OF STATE Street #: 212 Street Name: Cottage Grove Street Suffix: Avenue State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 037-201-017

Contract Info

Buyers Agent $/%: 2.5 Current Price: $3,175,000 Price: 3379000 Begin Date: 2018-01-03 Status: Closed

Property Information

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

Owner Info

Deposit: 0

Remarks

Hot Sheet Comment: new

Business Info

# Pk/1000: 4

Income/Expenses

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

Use

Office: 1 Retail/Commercial: 1 Residential: 1 Mixed Use: 1

Zoning

C-2: 1

Terms

Other: 1

Listing Type

ER: 1

Contingent Remarks

OTHER: 1

Status Change Info

Sold Date: 2018-03-01 Sold Price: $3,175,000 Under Contract Date: 2018-01-26

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
IDX
Last Updated: September - 16 - 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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