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- LoopNet Team
1486 E Valley Rd
Santa Barbara, CA 93108
The Old Firehouse · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 1486 E VALLEY RD , SANTA BARBARA, CA 93108
This landmark building, built in 1931 and originally serving as the regional firehouse, is presented 100% NNN-leased by an A-rated credit tenant with approximately 9 years remaining. Designed in classic Spanish Colonial Revival style by award-winning architect Alexander Betrand Harmer, the generational asset is a landmark in one of the wealthiest and most exclusive communities on the West Coast. PRICE: $16,000,000 (6% CAP) Address: 1486 East Valley Rd, Montecito APN: 011-200-080 Size: 6,357 SF (not including basement) Tenants: Union Bank Lease Terms: Full NNN lease. NOI: $965,755 Site area: Approx. 17,859 SF Parking: Ample on-site parking totaling 20 spaces, including 2 ADA spaces. Floors: Two, plus basement Frontage: Approximately 100 feet along East Valley Road Year built: 1931 / 1996 / Extensive remodel in 2009 Construction: Masonry and stucco HVAC: Throughout Sprinklers: Yes Zoning: CN (Commercial Neighborhood)
PROPERTY TAXES
| Parcel Number | 011-200-080 | Improvements Assessment | $6,832,659 |
| Land Assessment | $4,204,713 | Total Assessment | $11,037,372 |
PROPERTY TAXES
