5638 Hollister Ave - Medical FOR SALE


Santa Barbara, CA 93117
$6,150,000 USD
805-879-9614
5638 Hollister Ave, Santa Barbara, CA for Sale
$6,150,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

5638 Hollister Ave
Santa Barbara, CA 93117


HIGHLIGHTS

  • Prominent Office property. | Zoning allows for Hotel, Multifamily, Retail, or Mixed-Use.
  • High ceilings & large window-lined floors.
  • 44 parking spaces.
  • Elevator-served.
  • Situated on approx. 24,393 SF lot.
  • Near Goleta's high-tech corridor.

OVERVIEW

EXCELLENT HOTEL OR MULTIFAMILY CONVERSION OPPORTUNITY BELOW REPLACEMENT COST. This well positioned asset in Old Town Goleta is within close proximity to UCSB and the Goleta Tech Corridor, which includes tenants of the likes of Google, Appfolio, Yardi, Microsoft, and others. The existing floorplan lays out well for a hotel or multifamily conversion and already includes high ceilings, an elevator, abundant parking, and excellent window-lined perimeters on each floor. Land Use Report available upon request. Contact Listing Agents for further details.

FOR SALE DETAILS

PRICE

$6,150,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Zoning: Hotel, Multifamily, Retail, Mixed-use

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

undefined, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

O-T

APN/PARCEL ID

071-090-065

ASK ABOUT THIS PROPERTY

Miles WatersRadius Commercial Real EstateMore Info
805-879-9614

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Miles WatersRadius Commercial Real EstateMore Info
805-879-9614

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