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$ 2,350,000
Est. payment | /mo
1,502 SqFt
$ 2,350,000
Est. payment | /mo
1,502 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,502 sqft
Price per Sqft $1,564
MLS Listing ID 26-3188
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 8712.0
Property Sub-Type Industrial
Source Santa Barbara Multiple Listing Service
Property Description
Occupy Then Own - Lease w/ Purchase Option! Located in the heart of Downtown Santa Barbara, 1327 De La Vina Street presents a unique lease-with-option-to-purchase opportunity on an oversized ±8,712 SF lot. The property includes a ±1,502 SF flex building with three roll-up doors and offers immediate possession through a 2-year NNN lease at $10,000/month, with a fixed purchase option of $2,350,000. Zoned C-G and located within the City's Priority Housing Overlay, the site offers potential for future commercial expansion or residential/mixed-use redevelopment, subject to City approval and buyer verification. The lease-option structure provides the opportunity to control the property today while pursuing future plans and locking in the purchase price.
Location
State CA
County Santa Barbara
Building
New Construction No
Others
Tax ID 039-121-008
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Radius Group Commercial R.E.
Schools and Properties Nearby
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