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4000 Modoc Road, SANTA BARBARA, CA 93110

$2,170,000
Property Type: Comm/Ofc Baths: 3 Square Footage: 4,300 Lot Size (sq. ft.): 29,185 Status: Closed
Current Price: $2,170,000 List Date: 12/08/2022 Last Modified: 2/13/2023

Description

Rare opportunity to acquire a central Santa Barbara property with abundant parking. This is a single-level, freestanding structure on a large parcel and Boy Scouts of America is the original occupant. The building has been well maintained and features newer windows plus a mix of open and private offices. Numerous uses are acceptable under the zoning, which includes a Conditional Use Permit (CUP). GTE Mobilnet leases a small portion of the property for a cell site at 1,925 per month, which expires in 2026 with one option to renew for 5 years. Boy Scouts of America can vacate the building for a user or welcome an opportunity to lease back approximately 50% of the building for continued operations. Purchase of property is subject to court approval.

More Information MLS# 22-3899

Location Info

District: 30 - SB/GOL SOUTH Street #: 4000 Street Name: Modoc Street Suffix: Road State/Province: CA Postal Code: 93110 Compass Map: Santa Barbara Map Grid: L11 County: Santa Barbara Parcel Number: 049-022-001 Cross Street: Las Palmas Drive

Contract Info

Current Price: $2,170,000 Price: 2150000 Buyers Agent $/%: 2.5 Begin Date: 2022-12-08 Status: Closed

Property Information

TYP: Commercial For Sale/Lease: For Sale Stories: 1 #Offices: 4 Total Bathrooms: 3 Gross Sq Ft: 4300 Apx Lot SqFt: 29185 Apx # Acres: 0.67

Owner Info

Deposit: 3

Remarks

Directions: From State Street: Turn onto S. La Cumbre Rd., stay on it till it becomes Las Palmas Dr., Right right on Modoc Rd.,. Property is on right. Hot Sheet Comment: new

Status Change Info

Sold Date: 2023-02-13 Sold Price: $2,170,000 Under Contract Date: 2022-12-13

Property Features

Zoning: Other Condition: Good Parking: Uncovrd Terms: Cash; Ctnl Listing Type: ER
Listing Office: Radius Group Commercial R.E.
Last Updated: February - 13 - 2023
4000 Modoc Road, SANTA BARBARA, CA 93110- MLS# 22-3899
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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