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690 Alamo Pintado Road, SOLVANG, CA 93463

$3,540,000
Property Type: Commercial Sale Square Footage: 10,200 Status: Closed
Current Price: $3,540,000 List Date: 3/01/2018 Last Modified: 9/16/2024

Description

100% LEASED INVESTMENT. The Pintado Building is a well maintained 10,200 SF multi-tenant office building built in 1987 and located in the heart of the Santa Ynez Valley. The anchor tenant, C&D llp, is the 8th largest CPA firm on the Central Coast and occupies over 80% of the building. They have called The Pintado Building home for over 30 years, and their current lease extends through 2025. There are four other small professional office tenants, all housed on the first floor. The building is well parked at 4.6 parking spaces per 1000 SF and the owners have completed over $300,000 in improvements over the last 7 years. The property is fully leased and shows a 4.5% CAP on current income. This is an excellent blue chip investment opportunity.

More Information MLS# 18-733

Location Info

Country: US Compass Map: Santa Ynez Map Grid: K17 Cross Street: Viborg District: 50 - SANTA YNEZ Street #: 690 Street Name: Alamo Pintado Street Suffix: Road State: CA Postal Code: 93463 County: Santa Barbara Parcel Number: 139-530-003

Contract Info

Buyers Agent $/%: 2.25 Current Price: $3,540,000 Price: 3850000 Begin Date: 2018-03-01 Status: Closed

Property Information

For Sale/Lease: For Sale Year Built: 1987 Stories: 2 #Offices: 5 TYP: Business Total SqFt.: 10200

Owner Info

Deposit: 100000

Remarks

Hot Sheet Comment: new Directions: Hwy 246 (Mission Dr) to Alamo Pintado Rd. Turn north onto Alamo Pintado Rd. Continue to Viborg Rd (2nd stop sign). Property is on southeast corner of this intersection.

Cooling

A/C Central: 1

Zoning

Other: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Contingent Remarks

SUBJ 2 INSPECT: 1

Status Change Info

Sold Date: 2018-08-21 Sold Price: $3,540,000 Under Contract Date: 2018-05-03

Property Features

Zoning: Other Cooling: A/C Central Terms: Cash; Conventional Listing Type: ER Contingent Remarks: SUBJ 2 INSPECT
Listing Office: Battaglia Commercial Real Esta
IDX
Last Updated: September - 16 - 2024
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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