302 N Milpas Street, SANTA BARBARA, CA 93103 (MLS# 20-2421)

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302 N Milpas Street, SANTA BARBARA, CA 93103

$3,250,000

Property Type: Commercial Sale Baths: 3 Square Footage: 4,500 Lot Size (sq. ft.): 11,325 Status: Closed

Current Price: $3,250,000 List Date: 6/29/2020 Last Modified: 9/17/2024

Overview

Description

This high-identity,well placed office building is located on the corner of N. Milpas and E. Montecito streets at the center of the Milpas Corridor. This free-standing building is ideally located adjacent to the new Trader Joe's center. Currently used as an office building but was previously used as a credit union. The building also offers a small studio apartment with separate entrance. The site is an excellent opportunity for an owner/user or investor. There are 17 off street parking spaces and the building was constructed in 2002 . The location is a short distance to the water front which includes 3.6 miles of beaches,world class hotels and restaurants and the up and coming Funk Zone . Home to UCSB, S.B Airport and state of the art Medical & Hospital care.

Listing Details MLS# 20-2421

Location Info

District: 15 - SB/EAST OF STATE
Street #: 302
Dir: N
Street Name: Milpas
Street Suffix: Street
State: CA
Country: US
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: P12
County: Santa Barbara
Parcel Number: 031-371-023
Cross Street: Montecito

Contract Info

Price: 3500000
Buyers Agent $/%: 2.5
Begin Date: 2020-06-29

Property Information

TYP: Business
For Sale/Lease: For Sale
Year Built: 2002
Stories: 2
#Offices: 11
Total Bathrooms: 3
Gross Sq Ft: 4500
Apx Lot SqFt: 11325
Apx # Acres: 0.26

Owner Info

Deposit: 105000

Remarks

COVID Showing Remarks: All showings by appointment with listing agent. CAR Mandatory Gov't Showing Requirements and Best Practices (BPPP). Prior to showing, send electronically to the listing agent the CAR PEAD-V form signed by all visitors. Persons visiting the property must agree to the Posted Rules for Entry (PRE) which is included in the MLS supplement section. Masks required.
Directions: U.S. route 101 to Milpas exit ,North 3 block to Monticito st Property located on North East corner.
Hot Sheet Comment: new

Status Change Info

Sold Date: 2020-11-06
Under Contract Date: 2020-08-24

More Information

Condition

Excellent: Yes

Amenities

Views: Yes
Elevator: Yes

Heating

Elec: Yes
GFA: Yes

Zoning

C-2: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Business Type

Service: Yes

Parking

Uncovrd: Yes

Loan

No: Yes

Contingent Remarks

HOME INSPECTN: Yes
LOAN APPROVAL: Yes
REPORTS: Yes

Reports

Prelim: Yes

1031 Exchange

Yes: Yes

Property Features

Business Type: Service Zoning: C-2 Condition: Excellent Parking: Uncovrd Heating: GFA; Elec Amenities: Views; Elevator Loan: No Reports: Prelim 1031 Exchange: Yes Terms: Cash; Conventional Listing Type: ER Contingent Remarks: HOME INSPECTN; LOAN APPROVAL; REPORTS

Documents

Floor Plan ›

COVID PRE ›

Listing Office: Village Properties - 1

Last Updated: September - 17 - 2024

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