524 State Street, SANTA BARBARA, CA 93101
$5,700,000
Property Type:
Comm/Ofc
Square Footage:
13,241
Lot Size (sq. ft.):
5,662
Status:
Closed
Current Price:
$5,700,000
List Date:
11/15/2018
Last Modified:
2/14/2020
Description
Iconic State Street building, prominently located in the center of Santa Barbara's downtown entertainment district and surrounded by hotels, restaurants and night clubs. Great retail exposure with over 45 feet of building frontage and adjacent to abundant public parking in the rear.
Developable into a variety of attractive uses under the current C-M zoning including hotel, retail, restaurant, office and other similar uses. All offers to be presented in LOI format.
More Information MLS# 18-4095
Location Info
District: 15 - SB/EAST OF STATE
Street #: 524
Street Name: State
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P12
County: Santa Barbara
Parcel Number: 037-173-039
Cross Street: Cota Street
Contract Info
Current Price: $5,700,000
Price: 5700000
Buyers Agent $/%: 2
Begin Date: 2018-11-15
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
Stories: 3
#Offices: 31
Total SqFt.: 13241
Apx Lot SqFt: 5662
Owner Info
Deposit: 178500
Remarks
Hot Sheet Comment: price
Status Change Info
Sold Date: 2020-02-14
Sold Price: $5,700,000
Under Contract Date: 2019-08-22
Property Features
Use: Retail/Commercial
Zoning: C-M
Condition: Good
Parking: Pub/Lot
Terms: Cash; Ctnl
Listing Type: ER
Listing Office: Radius Group Commercial R.E.
Last Updated: February - 14 - 2020
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