MLS® ID: 18-3360
16 W Mission St
SANTA BARBARA, California, 93101 $4,230,000
Charming Santa Barbara multi-tenant office/residential property in a courtyard setting with onsite parking. First time on the market and offered at only $323 per square foot. This +/-13,094 square foot building has an excellent history of stable tenancy and has been generally well maintained. Opportunity for an investor or owner/occupant to create value by enhancing the units/property and stabilizing the property rents. The property is in the medium density overlay for residential and the rear parking area may haveadditional development. Additionally, due to the strength of apartment rents buyers may want to contemplate residential uses as it was originally an apartment building. Additional property details are enclosed. Do not disturb tenants. Contact listing agent for access.