901 N Milpas Street, SANTA BARBARA, CA 93103 (MLS# 17-2225)

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901 N Milpas Street, SANTA BARBARA, CA 93103

$3,150,000

Property Type: Commercial Sale Square Footage: 11,922 Status: Closed

Current Price: $3,150,000 List Date: 7/03/2017 Last Modified: 9/16/2024

Overview

Description

The Live Oak Dairy Building has been home to many of Santa Barbara’s most recognized businesses for decades. This offering presents the unique opportunity to own one of the most identifiable properties in the downtown area. The purchase includes three separate buildings totaling 11,922 SF on four contiguous parcels totaling 20,474 SF. The C-2 zoning and High Density AUD overlay present a variety of options to reposition the property to increase rents or further develop the site to keep pace with changes in this dynamic neighborhood.

Listing Details MLS# 17-2225

Location Info

District: 15 - SB/EAST OF STATE
Street #: 901
Dir: N
Street Name: Milpas
Street Suffix: Street
State: CA
Country: US
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: P11
County: Santa Barbara
Parcel Number: 029-313-014
Cross Street: Canon Perdido

Contract Info

Price: 3500000
Buyers Agent $/%: 2.5
Begin Date: 2017-07-03

Property Information

TYP: Business
For Sale/Lease: For Sale
Year Built: 1939
Stories: Yes
Gross Sq Ft: 11922
Total SqFt.: 11922
#Offices: 0

Owner Info

Deposit: 100000

Remarks

Directions: Northwest corner of N Milpas and E Canon Perdido Street.
Hot Sheet Comment: new

Status Change Info

Sold Date: 2017-11-29
Under Contract Date: 2017-10-30

More Information

Use

Office: Yes
Retail/Commercial: Yes
Industrial: Yes
Restaurant: Yes

Zoning

C-2: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Property Features

Use: Office; Retail/Commercial; Industrial; Restaurant Zoning: C-2 Terms: Cash Listing Type: ER

Listing Office: Hayes Commercial Group

Last Updated: September - 16 - 2024

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