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7 Ashley Ave

2,002 SF Retail Building Santa Barbara, CA 93103 $1,200,000 ($599/SF)

Executive Summary

Investment opportunity with owner-user potential conveniently located near US 101 and just off of the Milpas corridor. Property features gated parking plus bonus 2nd floor mezzanine. Currently owner-occupied, sale contingent upon a 5-year lease-back with the existing tenant. Note that sale is subject to bankruptcy court approval and overbid, this property is “as-is/where is.”
Building Size 2,002 SF + Mezzanine
Lot Size 3,049 SF
Price $1,200,000
Cap Rate 6%
NOI 72,000
APN 017-165-013
Zoning C-G
Parking 6 spaces
HVAC Yes
Restrooms Two
To Show Call listing agent

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,002 SF
Building Class
B
Year Built
2000
Price
$1,200,000
Price Per SF
$599
Tenancy
Single
Building Height
2 Stories
Building FAR
0.66
Lot Size
0.07 AC
Zoning
C2
Parking
6 Spaces (3 Spaces per 1,000 SF Leased)
Frontage
60 FT on Ashley
Walk Score ®
Very Walkable (88)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Trader Joe's
Mechanics Bank
CrossFit
The Habit Burger Grill
The Boswell's
Smart & Final
Surf City Squeeze
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
017-165-013
Land Assessment
$150,675
Improvements Assessment
$428,998
Total Assessment
$579,673
  • Listing ID: 34245348

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 7 Ashley Ave, Santa Barbara, CA 93103

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