25 E Mason Street, SANTA BARBARA, CA 93101
$23,500,000
Property Type:
Comm/Ofc
Square Footage:
46,882
Lot Size (sq. ft.):
25,949
Status:
Active
Current Price:
$23,500,000
List Date:
6/26/2024
Last Modified:
6/26/2024
Description
This versatile building, ideally positioned in the heart of the Funk Zone, presents a rare and unique investment opportunity.* The building exhibits excellent qualities for an adaptive reuse project to ground floor retail with the potential for a hotel or residential loft-style units on the second and third floors. Originally the Bekins Moving & Storage Building and currently the tallest building in the waterfront area, the property received a significant capital investment in 2014 to its current R&D use. It is elevator-serviced with a floor elevator and a loading freight elevator. The building also offers an excellent opportunity for a rooftop deck amenity.
More Information MLS# 23-2869
Location Info
District: 15 - SB/EAST OF STATE
Street #: 25
Dir: E
Street Name: Mason
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P13
County: Santa Barbara
Parcel Number: 033-082-014
Cross Street: Helena Ave.
Contract Info
Current Price: $23,500,000
Price: 23500000
Buyers Agent $/%: 1.25
Begin Date: 2023-09-22
Status: Active
Property Information
TYP: Commercial
For Sale/Lease: For Sale
#Offices: 1
Total SqFt.: 46882
Apx Lot SqFt: 25949
Owner Info
Deposit: 705000
Remarks
Hot Sheet Comment: new
Property Features
Zoning: Other
Terms: Cash; Ctnl
Listing Type: ER
Listing Office: Radius Group Commercial R.E.
Last Updated: June - 26 - 2024
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