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2580 Lillie Avenue, SUMMERLAND, CA 93067

$5,400,000
Property Type: Commercial Sale Baths: 4 Square Footage: 8,000 Lot Size (sq. ft.): 36,154 Status: Closed
Current Price: $5,400,000 List Date: 3/31/2018 Last Modified: 9/16/2024

Overview

Description

First Time Ever on Market! Fantastic Mixed Use property with great visibility from Highway 101! The Property is comprised of an approximate 8,000 SF building on a 36,154 SF lot, zoned C-1, w/ 18 parking spaces. The approx. 5,000 SF ground floor commercial space was formally occupied by Cantwell's Market & is currently vacant. 3,000 SF 2nd floor consists of ancillary office space, and 2 large, beautifully remodeled residential units (2 bdrm, 1 bth & 1 bdrm, 2 bth) with gorgeous ocean views and balconies, and is rented out on a new 1 year lease starting March 1, 2018. The property is immaculately maintained with beautiful landscaping & peaceful outdoor sitting areas in a wonderful nature setting! This is a very rare offering in the high barriers to entry market of Summerland!

Listing Details MLS# 18-1082

Location Info

District
05 - CARPINTERIA-SUMMERLAND
Street #
2580
Street Name
Lillie
Street Suffix
Avenue
State
CA
Country
US
Postal Code
93067
Compass Map
Santa Barbara
Map Grid
V12
County
Santa Barbara
Parcel Number
005-204-051
Cross Street
Greenwell

Contract Info

Price
5600000
Buyers Agent $/%
2
Begin Date
2018-03-30

Property Information

TYP
Business
For Sale/Lease
For Sale
Year Built
1985
Stories
2
#Offices
3
#Retail
Yes
Total Bathrooms
4
Gross Sq Ft
8000
Total SqFt.
8000
Apx Lot SqFt
36154

Owner Info

Deposit
168000

Remarks

Hot Sheet Comment
new

Status Change Info

Sold Date
2018-06-13
Under Contract Date
2018-04-04

More Information

Condition

Excellent
Yes

Amenities

Views
Yes

Use

Office
Yes
Retail/Commercial
Yes
Residential
Yes
Mixed Use
Yes

Zoning

C-1
Yes

Terms

Cash
Yes

Listing Type

ER
Yes

Parking

Reservd
Yes

Property Features

Use: Office; Retail/Commercial; Residential; Mixed Use Zoning: C-1 Condition: Excellent Parking: Reservd Amenities: Views Terms: Cash Listing Type: ER
IDX
Listing Office: Berkshire Hathaway HomeServices California Properties
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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