4085 State Street, SANTA BARBARA, CA 93110
$3,025,000
Property Type:
Comm/Ofc
Lot Size (sq. ft.):
74,487
Status:
Closed
Current Price:
$3,025,000
List Date:
3/02/2022
Last Modified:
2/15/2023
Description
Abundant water & a rare slope advantage parcel combined with the best zoning Santa Barbara has to offer. With enough water to build up to a 68-unit hotel or build residential and/or commercial
condominiums. Optimally located, 30 minutes from the world-famous Santa Barbara wine country, where US Hwy 101, Hwy 154 & State Street intersect, this 1.71-acre parcel is one of State Street's
last large, unimproved parcels for development. The property is situated in the northern State Street commercial corridor in Santa Barbara & boasts a General Commercial land use designation & Mixed-Use zoning designation. The MU zone was established as a special purpose zone applied to areas that have been identified as well suited for mixed use development.
More Information MLS# 22-639
Location Info
District: 20 - SB/WEST OF STATE
Street #: 4085
Street Name: State
Street Suffix: Street
State/Province: CA
Postal Code: 93110
Compass Map: Santa Barbara
Map Grid: L11
County: Santa Barbara
Parcel Number: 061-110-014
Cross Street: Hwy 154
Contract Info
Current Price: $3,025,000
Price: 2900000
Buyers Agent $/%: 2
Begin Date: 2022-03-02
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
Apx Lot SqFt: 74487
Owner Info
Deposit: 87000
Remarks
Hot Sheet Comment: new
Status Change Info
Sold Date: 2023-02-15
Sold Price: $3,025,000
Under Contract Date: 2022-04-15
Property Features
Zoning: MU
Terms: Cash; Ctnl
Listing Type: ER
Documents
Listing Office: Radius Group Commercial R.E.
Last Updated: February - 15 - 2023
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