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928 Garden St 2,280 SF 100% Leased Office Building Santa Barbara, CA 93101 $1,890,000 ($828.95/SF)
Investment Highlights
- Rare 4 Individual Suite Bldg - Maximum Versatility for Owner User
- Prime Downtown Santa Barbara Location
- Phenomenal Mountain Views from Upstairs Units with Large Decks
- Fully Entitled for conversion to 3 unit Hotel project
Executive Summary
Highly versatile 4 unit ultra charming commercial/office building for sale in a premier downtown SB location with phenomenal mountain views! A multitude of options exist for this Monterey Colonial style building including conversion to 3 short term vacation rentals (fully entitled with building dept. permits imminent) or for an owner user to occupy all or some of the existing commercial spaces & rent the others. The upstairs suites feature large attached decks & stunning mountain/Riviera views, and the ground floor spaces have excellent identity w/ front doors/signage on Garden St. Other features include bathrooms in each unit, central HVAC, & off-street parking. A truly wonderful building and Michael Towbes 1st development in SB can be yours as well!
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,280 SF
Building Class
B
Year Built
1962
Price
$1,890,000
Price Per SF
$828.95
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,140 SF
Building FAR
0.65
Lot Size
0.08 AC
Zoning
C-G - General Commercial
Parking
4 Spaces (1.75 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 029-301-042 | Improvements Assessment | $800,700 |
| Land Assessment | $933,300 | Total Assessment | $1,734,000 |
Property Taxes
Parcel Number
029-301-042
Land Assessment
$933,300
Improvements Assessment
$800,700
Total Assessment
$1,734,000
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Matterport 3D Exterior
Matterport 3D Tour
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Map
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Contact the Sale Advisor
928 Garden St