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
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