517-519 E Gutierrez St, SANTA BARBARA, CA 93103
$4,200,000
Property Type:
Commercial Sale
Square Footage:
10,500
Lot Size (sq. ft.):
21,344
Status:
Closed
Current Price:
$4,200,000
List Date:
12/05/2023
Last Modified:
9/17/2024
Description
Rare multi-tenant investment opportunity in Santa Barbara's industrial market with its high barriers-to-entry and vacancy rates below 2% for the past 10 years.
This property, located in the heart of the industrial corridor, is surrounded by many highly trafficked businesses; including The Home Improvement Center, The
Santa Barbara Design Center, Buena Tile, Vista Paint, and many others. The two buildings on-site total approximately 10,500 SF and have been leased by Steven
Handelman Studios and Independent Automotive Group for close to 20 years. The buildings offer high ceilings, ample exterior yard space, great loading and access
to and from US Hwy 101.
More Information MLS# 23-3612
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: P12
Cross Street: N Salsipuedes
District: 15 - SB/EAST OF STATE
Street #: 517-519
Dir: E
Street Name: Gutierrez St
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 031-292-009
Contract Info
Buyers Agent $/%: 2.5
Current Price: $4,200,000
Price: 4250000
Begin Date: 2023-12-05
Status: Closed
Property Information
For Sale/Lease: For Sale
#Offices: 0
Gross Sq Ft: 10500
Apx # Acres: 0.49
TYP: Business
Total SqFt.: 10500
Owner Info
Deposit: 0
Remarks
Hot Sheet Comment: new
Zoning
Other: 1
Terms
Other: 1
Listing Type
ER: 1
Status Change Info
Sold Date: 2024-02-09
Sold Price: $4,200,000
Under Contract Date: 2024-02-09
Property Features
Zoning: Other
Terms: Other
Listing Type: ER
Listing Office:
Hayes Commercial Group
Last Updated: September - 17 - 2024
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