1221 Chapala St - Office/Residential FOR SALE


Santa Barbara, CA 93101
$4,950,000 USD
805-729-2004
1221 Chapala St, Santa Barbara, CA for Sale
$4,950,000 USD
Office/Residential - FOR SALE
1/26
null | 4.2% Cap Rate

1221 Chapala St
Santa Barbara, CA 93101


OVERVIEW

Downtown Santa Barbara 3 story mixed use trophy building with approximately 7,525/ft of fully leased office/retail/residential space. Located on the 3rd floor is a approx. 1,911 sq/ft 2 bedroom 2 bath penthouse w/roof deck/spa & 360 degree views of Santa Barbara. Located on ground floor 2750sq/ft retail/office space. Second floor 2,864 sq/ft multiple office space with large private deck. Elevator service to all floors. 12 designated parking spaces plus adjacent parking & city parking across the street One block off State St close to the historical theater arts section. across from SB Public Market Vic, Arlington & Granada Theaters. Enjoy restaurants, shops & downtown amenities. A rare & unique offering. Property Website link: .https://www.1221chapala.com/mls/162770561

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$611 USD /SF

CAP RATE

4.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

C2

APN/PARCEL ID

039-172-002

ASK ABOUT THIS PROPERTY

Bob RuccioneCoast & Valley PropertiesMore Info
805-729-2004

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Bob RuccioneCoast & Valley PropertiesMore Info
805-729-2004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.