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    771 Chapala St

    Santa Barbara, CA 93101
    • $995,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 21-606
    UPDATED: 38 min ago
    $995,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:

    School Ratings & Info

    Listing provided courtesy of Radius Group Commercial R.E..

    Description

    Fully net leased investment in Downtown Santa Barbara. Ground level commercial condominium in Paseo Chapala, leased to Lux Nails and Spa through 4/2025. Tenant has enjoyed success in the location for over 10 years. Rare opportunity to buy high quality construction in the heart of downtown Santa Barbara fully leased to a stable tenant. 4.5% cap rate on existing income. Common covered parking, common ADA restrooms, high ceilings, multiple entries, and attractive improvements.

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    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-05-15T16:47:02.943. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-05-15T16:47:02.943.
    www.searchsbhomes.com/homes/114305442
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    771 Chapala St Santa Barbara, CA 93101

    • Price: $995,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 21-606
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2008
    Built
    Neighborhood:
    SB/West of State
    County:
    Santa Barbara
    Area:
    SB/West of State
    Property Description
    Fully net leased investment in Downtown Santa Barbara. Ground level commercial condominium in Paseo Chapala, leased to Lux Nails and Spa through 4/2025. Tenant has enjoyed success in the location for over 10 years. Rare opportunity to buy high quality construction in the heart of downtown Santa Barbara fully leased to a stable tenant. 4.5% cap rate on existing income. Common covered parking, common ADA restrooms, high ceilings, multiple entries, and attractive improvements.
    Property Features

    Business Information Percent Currently Leased Yes Condition Good Cross Street W De La Guerra Deposit 29850.00 For Sale Or Lease For Sale Offices 0 Terms CashCtnl Type Commercial Zoning Other

    Listing information © 2021 Santa Barbara MLS
    Listing provided courtesy of Radius Group Commercial R.E..



    © 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-05-15T16:47:02.943. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-05-15T16:47:02.943.
     
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    Chris Gregoire & Chad Beuoy Real Estate | Compass
    1101 Coast Village Road
    Montecito CA, 93108
    Listing provided courtesy of Radius Group Commercial R.E..