7 Ashley Ave
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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
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 017-165-013 | Improvements Assessment | $428,998 |
Land Assessment | $150,675 | Total Assessment | $579,673 |
PROPERTY TAXES
Parcel Number
017-165-013
Land Assessment
$150,675
Improvements Assessment
$428,998
Total Assessment
$579,673
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7 Ashley Ave
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