250-270 Storke Road, GOLETA, CA 93117 (MLS# 24-1551)

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250-270 Storke Road, GOLETA, CA 93117

$10,500,000

Property Type: Commercial Sale Square Footage: 32,932 Status: Closed

Current Price: $10,500,000 List Date: 5/14/2024 Last Modified: 12/06/2024

Overview

Description

MAJOR PRICE REDUCTION TO 6.6% Cap Rate. Two prominent Retail/Office buildings for sale comprising ±32,932 SF on a 2.25 AC lot, adjacent to several major national retailers, the campus of the University of California, Santa Barbara and Goleta's burgeoning high-tech employment corridor. Strategically positioned near the bustling intersection of Storke Rd. & Hollister Ave. (±50,876 VPD), the property enjoys close proximity to the US 101 Fwy, airport and myriad shopping & dining amenities, creating an ideal location for both retail and office tenants. The sale includes entitled plans for an extensive remodel - contact listing agent for details. Please visit our website for full PDF brochure.

Listing Details MLS# 24-1551

Location Info

District: 30 - SB/GOL SOUTH
Street #: 250-270
Street Name: Storke
Street Suffix: Road
State: CA
Country: US
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: E11
County: Santa Barbara
Parcel Number: 073-100-032
Cross Street: Hollister Ave.

Contract Info

Price: 11995000
Begin Date: 2024-05-14

Property Information

TYP: Business
For Sale/Lease: For Sale
#Offices: 40
Total SqFt.: 32932

Owner Info

Deposit: 359850

Remarks

Hot Sheet Comment: price

Status Change Info

Sold Date: 2024-12-06
Under Contract Date: 2024-09-16

More Information

Zoning

Other: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Property Features

Zoning: Other Terms: Cash; Conventional Listing Type: ER

Listing Office: Radius Group Commercial R.E.

Last Updated: December - 06 - 2024

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