3887 State Street, SANTA BARBARA, CA 93105 (MLS# 12-3481)

Your search results

3887 State Street, SANTA BARBARA, CA 93105

$3,800,000

Overview of property: includes 3885 and 3887 State St.: motel ad office building with side parking and large parking lot behind.

Map of Property and Surrpounding La Cumbre Plaza area in San Roque.

The City of Santa Barbara has approved plans (good until 2015) to build 30 residential lofts/condos (2 and 3 bedroom) + commercial office space and join 3885 and 3887 State St. Visit www.3885state.com for more info.

Mountain Views From Second Floor of Office (Looking toward State St.)

Manager's Live-in Apt and Office Included.

State St. Frontage: 3885 and 3887 State St. Commerical/Motel/Retail Space; Approved Luxury Condos

Front Entrance to Mirasol Office Building: State St. Frontage

Property Type: Commercial Sale Square Footage: 22,250 Lot Size (sq. ft.): 48,224 Status: Closed

Current Price: $3,800,000 List Date: 11/09/2012 Last Modified: 9/16/2024

Overview

Description

Prime Mixed-Use C 2 Commercial zoning! 3885 and 3887 State St. are being sold together. Rare opportunity to purchase 48 Unit income-producing office building with 80 + prking + 12 motel on 1.49 acres in ideal location! City Approved Plans for 30 Residential Loft Condos. New SB City Ordinance = potential to build 90 + apts! Ideal for renovating into large hotel, apt complex or ???

Listing Details MLS# 12-3481

Location Info

District: 20 - SB/WEST OF STATE
Street #: 3887
Street Name: State
Street Suffix: Street
State: CA
Country: US
Postal Code: 93105
Compass Map: Santa Barbara
Map Grid: L11
County: Santa Barbara
Parcel Number: 051-022-033
Cross Street: La Cumbre Rd

Contract Info

Price: 4125000
Buyers Agent $/%: 2.25
Begin Date: 2012-11-09

Property Information

TYP: Business
For Sale/Lease: For Sale
Year Built: 1968
Stories: 2
#Offices: 48
Gross Sq Ft: 22250
Nt Rt Sq Ft.: 15589
Total SqFt.: 22250
Apx Lot SqFt: 48224
Apx # Acres: 1.49

Assessor's Data

Assessor Lot Acres: 1.16
Assessor SqFt: 0

Owner Info

Deposit: 3

Remarks

Directions: From Highway 101 exit La Cumbre Rd. Turn right at State St. Property is immediately after Galleria, on the right hand side of st. First driveway is office building, next is Plaza Motel. Turn in either
Hot Sheet Comment: price

More Information

Status Change Info

Sold Date: 2014-01-23
Under Contract Date: 2013-09-12

Business Info

% Currently Leased: 80
Sales/Lse BK: Sale
Lease Term: Month to Month
St. Signage: Yes

Condition

Good: Yes

Amenities

Views: Yes
Cable TV: Yes
Meter/Gas: Yes
Meter/Elec: Yes
Meter/Wtr: Yes

Use

Office: Yes
Retail/Commercial: Yes
Residential: Yes
Mixed Use: Yes
Other: Yes

Zoning

C-2: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Business Type

Service: Yes
Bus Other: Yes

Parking

Uncovrd: Yes
Pub/Lot: Yes

Contingent Remarks

CONTACT AGENT: Yes

Property Features

Business Info: St. Signage Use: Office; Retail/Commercial; Residential; Mixed Use; Other Business Type: Service; Bus Other Zoning: C-2 Condition: Good Parking: Uncovrd; Pub/Lot Amenities: Views; Cable TV; Meter/Gas; Meter/Elec; Meter/Wtr Terms: Cash Listing Type: ER Contingent Remarks: CONTACT AGENT

Listing Office: Sterling 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.