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2580 Lillie Avenue, SUMMERLAND, CA 93067

$5,400,000
Property Type: Comm/Ofc 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: 4/17/2019

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!

More Information MLS# 18-1082

Location Info

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

Contract Info

Current Price: $5,400,000 Price: 5600000 Buyers Agent $/%: 2 Begin Date: 2018-03-30 Status: Closed

Property Information

TYP: Commercial For Sale/Lease: For Sale Year Built: 1985 Stories: 2 #Offices: 3 #Retail: 1 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 Sold Price: $5,400,000 Under Contract Date: 2018-04-04

Property Features

Use: Office; Retail/Commercial; Residential; Mixed Use Zoning: C-1 Condition: Excellent Parking: Reservd Amenities: Views Terms: Cash Listing Type: ER
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: April - 17 - 2019
2580 Lillie Avenue, SUMMERLAND, CA 93067- MLS# 18-1082
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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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