224 Highway 246 - Office FOR SALE


Buellton, CA 93427
$3,950,000 USD
323-333-4014
224 Highway 246, Buellton, CA for Sale
$3,950,000 USD
Office - FOR SALE
1/28
null | Request Cap Rate

224 Highway 246
Buellton, CA 93427


HIGHLIGHTS

  • Free Standing Concrete Tilt-Up Building
  • Excess Land w/Huge Fenced Yard Area
  • Heavy Power - 1000 Amps - 208/120V - 3P - 4W
  • Divisible to 4 Separately Metered Units
  • 22.2 kW Rooftop Solar System
  • Possibility to Construct Additional Buildings on Parcel

OVERVIEW

9,000 Sq. Ft. Freestanding Concrete Tilt-Up Office Building for Sale or Lease. Strategically Located Near 101 & 246 Highways in Heart of Santa Barbara Wine Country. Huge 1.39 Acre (60,548 Sq. Ft.) Parcel w/Fenced Lot for Extra Storage & Parking. Possible to Develop Additional Warehouse/Office Buildings on Parcel. Building Highlights - Heavy Power (1,000 Amps, 208/120 Volt, 3 Phase, 4 Wire) - 22.2 kW Rooftop Solar System w/Net Metering - Fully Sprinklered - Fully Air Conditioned (4 Rooftop Package Units) - 20’ Interior Ceiling Height - Polished Concrete Floors - Skylights & High Bay Lighting - 21 Private Offices - 2 Conference Rooms - 2 Bullpen Office Areas - 5 Private Restrooms - 2 Kitchen Areas - Climate Controlled Server Room - ADA Upgrades - Divisible to 4 Separately Metered Units - Municipal Water and Sewer (No Septic) - Warehouse Conversion Possible Property Highlights - Rare 15% Site Coverage Ratio w/Existing Utility Infrastructure - Perfect Owner/User Opportunity for Businesses Needing Excess Land - Divisibility Allows Buyer to Occupy Portion and Lease Out Remaining Units for Additional Income - Investors May Capitalize on Opportunity to Develop Additional Buildings or Reposition Existing as Medical or Industrial - Possible Multi-Family Redevelopment Potential Subject to State Housing Mandates (Buyer to Verify w/City of Buellton) Location Highlights - Located at the Gateway to Santa Barbara Wine Country/Santa Ynez Valley - Midpoint Between Santa Barbara/Lompoc/Santa Maria - 24K Car Per Day Traffic Count at 101/246 Highways - $140K Per Year Average Household Income Asking Sale Price: $3,950,000 Asking Lease Rate: $2.75 Per Sq. Ft. Net (Net Fees Approximately $.25 PSF) ***Buyer/Tenant to Independently Verify All Information Contained Herein. Broker Makes No Representations or Warranties as to the Accuracy of the Information Contained Herein***

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,403 SF

ZONING

CR - General Commercial

APN/PARCEL ID

137-200-082

ASK ABOUT THIS PROPERTY

Paul HermanThe Herman CompanyMore Info
323-333-4014

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Paul HermanThe Herman CompanyMore Info
323-333-4014

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