225 S Milpas, SANTA BARBARA, CA 93103 (MLS# 20-1719)

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225 S Milpas, SANTA BARBARA, CA 93103

$3,075,000

225-S.-Milpas-St.-Santa-Barbara,-CA-Radi

Property Type: Commercial Sale Square Footage: 8,070 Lot Size (sq. ft.): 22,216 Status: Closed

Current Price: $3,075,000 List Date: 5/13/2020 Last Modified: 9/17/2024

Overview

Description

Freestanding ±6,300 SF commercial building plus a stand alone 2-bedroom residence with abundant parking near the beach. The property enjoys over 20,000 vehicles per day in a strong, central trade area in Santa Barbara. Aqua Flow, the current tenant is moving at the end of 2020 to a larger facility and has been a tenant here since the 90s. Features steel/block construction, upgraded 400 amp panel, 5± year old roof, high ceilings, roll-up doors and a wide open floorplan ideal for a host of commercial uses. The 2-bedroom home in the rear of the property is in good condition. With more than a half acre parcel and abundant parking, this is a rare combination ideal for an investor or owner/user. Please do not disturb the tenant and contact Listing Agent for details.

Listing Details MLS# 20-1719

Location Info

District: 15 - SB/EAST OF STATE
Street #: 225
Dir: S
Street Name: Milpas
State: CA
Country: US
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: Q12
County: Santa Barbara
Parcel Number: 017-251-010
Cross Street: Indio Muerto

Contract Info

Price: 3600000
Buyers Agent $/%: 2.5
Begin Date: 2020-05-13

Property Information

TYP: Business
For Sale/Lease: For Sale
Year Built: 1960
#Offices: Yes
Total SqFt.: 8070
Apx Lot SqFt: 22216
Apx # Acres: 0.51

Owner Info

Deposit: 108000

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2020-12-21
Under Contract Date: 2020-06-01

More Information

Business Info

# Pk/1000: 30

Condition

Good: Yes

Use

Retail/Commercial: Yes
Residential: Yes

Zoning

C-2: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

EA: Yes

Property Features

Use: Retail/Commercial; Residential Zoning: C-2 Condition: Good Terms: Cash; Conventional Listing Type: EA

Documents

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Listing Office: Radius Group Commercial R.E.

Last Updated: September - 17 - 2024

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