201 W Montecito Street, SANTA BARBARA, CA 93101
$8,900,000
Property Type:
Comm/Ofc
Square Footage:
12,700
Lot Size (sq. ft.):
20,473
Status:
Closed
Current Price:
$8,900,000
List Date:
2/10/2022
Last Modified:
6/03/2022
Description
Made up of a consortium of uses & members, the subject property located at 201 W. Montecito St. in Santa Barbara, CA is home to The Hangar, the region's premier private business club. The offering presents a sophisticated investor the opportunity to own a landmark piece of Santa Barbara bound by a long-term lease term through February, 2028. Comprising over 12,700 square feet, the property is well-situated just a few blocks from State Street, the bustling Funk Zone district, and Santa Barbara's historic West Beach neighborhood with its iconic boutique hotels, cottages, apt buildings,
restaurants, & of course, glistening West Beach. The Hangar was specifically designed by avid car collectors for car collectors, climate controlled car storage, offices, meeting and recreational space.
More Information MLS# 22-376
Location Info
District: 20 - SB/WEST OF STATE
Street #: 201
Dir: W
Street Name: Montecito
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P13
County: Santa Barbara
Parcel Number: 033-032-006
Cross Street: RR Tracks/Bath St.
Contract Info
Current Price: $8,900,000
Price: 9000000
Buyers Agent $/%: 2
Begin Date: 2022-02-10
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
#Offices: 1
Total SqFt.: 12700
Apx Lot SqFt: 20473
Owner Info
Deposit: 270000
Remarks
Hot Sheet Comment: new
Status Change Info
Sold Date: 2022-06-03
Sold Price: $8,900,000
Under Contract Date: 2022-04-01
Property Features
Zoning: C-2; Other
Terms: Cash; Ctnl
Listing Type: ER
Documents
Listing Office: Radius Group Commercial R.E.
Last Updated: June - 03 - 2022
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