819 Reddick St - Office FOR SALE


Santa Barbara, CA 93103- Lower East
$4,500,000 USD
805-898-4365
819 Reddick St, Santa Barbara, CA for Sale
$4,500,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

819 Reddick St
Santa Barbara, CA 93103
Lower East


OVERVIEW

Freestanding, two-story office/R&D/industrial building available for purchase in Santa Barbara, zoned M-I. Second floor office space is very nicely improved and comprised of a mix of perimeter offices and large open bullpen areas. First floor is comprised of a highly improved wet lab area installed by Apeel Sciences in 2016 and other office/storage improvements installed by Coastal Holding Company (cannabis company) in 2019. Other property features include ample natural light through extensive window lines, security cameras, multiple entrances (electronic access), and a convenient location near the amenities of Milpas Street. Building Size: 9,673 SF Parcel Size: - 819 Reddick: 9,147 SF - 822 E Haley: 6,098 SF - Total: 15,245 SF Price: $4,500,000 APN: 031-303-024 (819) and 031-303-006 (822) Floors: Two Year Built: Major remodel/addition in 1990 Construction Type: Wood frame Roof Age: Varies from 1998 to 2015 Elevator: No Loading: Double-door at ground level Ceilings: Approximately 9’ Sprinklers: Yes Restrooms: 5 unisex (3 downstairs, 2 upstairs) HVAC: 2 newer Aaon package units for lab, 3 newer Samsung split units, 4 older York package units Parking: 17 reserved spaces, plus street Zoning: M-1 (819 Reddick) and C-G (822 E Haley) To Show: Call listing agent CSO: 2%

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$465 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

M-1

APN/PARCEL ID

031-303-006,031-303-024

ASK ABOUT THIS PROPERTY

Francois DeJohnHayes Commercial GroupMore Info
805-898-4365

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Francois DeJohnHayes Commercial GroupMore Info
805-898-4365

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