$2,000,000
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14,900 SqFt
SOLD DATE : 11/17/2023
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,900 sqft
Price per Sqft $114
MLS Listing ID 23-2111
Sold Date 11/17/23
Lot Size 1.080 Acres
Acres 1.08
Lot Dimensions 47044.8
Property Sub-Type Commercial
Source Santa Barbara Multiple Listing Service
Property Description
On a prominent, signalized corner, this retail center on a full acre lot with plentiful parking offers buyers a varied mix of internet-resistant tenants with a long history of occupancy. Existing under-market rents provide up to 60% revenue upside and stable occupancy for current tenants. The property is 94% occupied with restaurants and daily-needs users serving the surrounding swath of neighborhoods. Rent roll and expense report available—please submit the enclosed Confidentiality Agreement.
Location
State CA
County Santa Barbara
Others
Tax ID 085-150-024
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