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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

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.

More Information MLS# 24-1551

Location Info

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

Property Information

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

Owner Info

Deposit: 359850

Remarks

Hot Sheet Comment: price

Zoning

Other: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Contract Info

Current Price: $10,500,000 Price: 11995000 Begin Date: 2024-05-14 Status: Closed

Status Change Info

Sold Date: 2024-12-06 Sold Price: $10,500,000 Under Contract Date: 2024-09-16

Property Features

Zoning: Other Terms: Cash; Conventional Listing Type: ER
Listing Office: Radius Group Commercial R.E.
IDX
Last Updated: December - 06 - 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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