Rare opportunity to own two adjacent parcels at one address totaling .66 acres in a prime downtown location. Use or reimagine existing 15,038 square foot tri-level structure on APN 025-363-010 which is .47 acres & zoned R-MH Residential Multi-Unit or Hotel & currently used as a church with commercial kitchen. APN 025-363-009 is .19 acres & zoned C-G Commercial General & currently used as a parking lot. See City of Santa Barbara zoning website for nearly limitless options. Short-term, low rate, interest-only seller financing may be offered up to 70% Loan to Value & maximum of 3 years while approvals/permits are obtained; Subject to seller terms, underwriting, & approval at Seller’s sole discretion. Some information available regarding current & proposed easements, repairs, etc.
Property Details
Price:
$5,450,000
MLS #:
V1-14111
Status:
Active Under Contract
Address:
1915 Chapala Street
Type:
Commercial
City:
Santa Barbara
Listed Date:
Aug 2, 2022
State:
CA
ZIP:
93101
Schools
Interior
Cooling
None
Exterior
Stories Total
3
Water Source
Public
Financial
Utilities
Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
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1915 Chapala Street
Santa Barbara, CA