111 E Arrellaga St - Loft/Creative Space FOR SALE


Santa Barbara, CA 93101- Westside
$3,100,000 USD
805-698-0272
111 E Arrellaga St, Santa Barbara, CA for Sale
$3,100,000 USD
Loft/Creative Space - FOR SALE
1/20
null | Request Cap Rate

111 E Arrellaga St
Santa Barbara, CA 93101
Westside


HIGHLIGHTS

  • Parking: 10 Spaces + more possible neighboring Simpson House B&B utilizes a portion of rear parcel for patio/gardens.
  • Building size: ±4,688 SF Office + 1-bedroom apartment.
  • Considered a Structure Of Merit, known as the "Chester House."

OVERVIEW

Upper Eastside mixed use property on large, approximately 17,424 SF parcel with parking and excess land. The approx. 4,688 SF building is leased through December 2025 as a counseling office along with the rear, one bedroom apartment. Built in the early 1900s, this structure of merit is known as the Chester House with incredible charm and character. While originally built as a home, the property has a long history of medical and office uses. While the building is deemed a structure of merit, it does not have historical designation. Opportunity for an owner/user or investor to purchase this incredible location and add residential units to the property. Please do not disturb the tenant and inquire for any showings.

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Upper East Owner/User or Investor/Development

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

undefined, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

R-O

APN/PARCEL ID

027-191-006

ASK ABOUT THIS PROPERTY

Brad FrohlingRadius Commercial Real EstateMore Info
805-698-0272

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Brad FrohlingRadius Commercial Real EstateMore Info
805-698-0272

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