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$ 4,500,000
Est. payment | /mo
5 Baths
9,673 SqFt
$ 4,500,000
Est. payment | /mo
5 Baths
9,673 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,673 sqft
Price per Sqft $465
MLS Listing ID 24-2381
Originating Board Santa Barbara Multiple Listing Service
Year Built 1990
Property Sub-Type Commercial
Property Description
Freestanding, two-story office/R&D/industrial building available for purchase in the cannabis zone. Second floor office space is very nicely improved and comprised of a mix of perimeter offices and large open bullpen areas. First floor is comprised of a highly improved wet lab area installed by Apeel Sciences in 2016 and other office/storage improvements installed by Coastal Holding Company (cannabis company) in 2019. The property previously had three (3) cannabis permits (manufacture, distribution and delivery) that were issued in 2019 and are now inactive. Existing tenant is no longer using the facility and has subleased the entire building through 12/31/26. Other property features include ample natural light through extensive window lines, security cameras, multiple entrances (electronic access), and a convenient location near the amenities of Milpas Street.
Private Remarks:
Loading: Double-door at ground level
Ceilings: Approximately 9'
Sprinklers: Yes
Restrooms: 5 unisex (3 downstairs, 2 upstairs)
HVAC: 2 newer Aaon package units for lab, 3 newer Samsung split units, 4 older York package units
Parking: 17 reserved spaces, plus street
Zoning: M-1 (819 Reddick) and C-G (822 E Haley)
To Show: Call listing agent
CSO: 2%
Private Remarks:
Loading: Double-door at ground level
Ceilings: Approximately 9'
Sprinklers: Yes
Restrooms: 5 unisex (3 downstairs, 2 upstairs)
HVAC: 2 newer Aaon package units for lab, 3 newer Samsung split units, 4 older York package units
Parking: 17 reserved spaces, plus street
Zoning: M-1 (819 Reddick) and C-G (822 E Haley)
To Show: Call listing agent
CSO: 2%
Location
State CA
County Santa Barbara
Others
Tax ID 031-303-024
Listed by Hayes Commercial Group
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