34
34
54
0
4

REMARKS:

This is a once-in-a-lifetime opportunity to acquire a trophy, downtown landmark with high-quality architectural detail positioned in the heart of Downtown Santa Barbara. The Hotel sits upon a little over a half-acre with 75 guest rooms, a lobby, and 6 street-level retail spaces, with the retail being anchored by a Starbucks Coffee. The hotel is a single U-shaped building and rear parking area. The hotel has interior corridors and includes two, 480 square foot meeting rooms and a small kitchen that is used for a lobby breakfast service (currently on hold due to COVID-19). The six tenants are all located on the first floor and are accessible from State Street. In addition to the six leased tenants, the hotel leased roof-top space to a cell tower company. The retail improvements are approx. 6,105, the hotel building is roughly 39,305 square feet, for a total of 45,410 square feet including the 1,220 square foot basement.

OVERVIEW:

CommercialSale
HotelMotel
Active
VC81 - Santa Barbara
1925
24829
0.57
125x200
CornerLot,FlagLot,RectangularLot
Block,Concrete,Steel
Central
WallWindowUnits
Public

FINANCIAL:

49000000

Broker Reciprocity Courtesy of Berkshire Hathaway HomeService, Aaron Valenty

 

Data last updated 2:12:31 AM, 06/24/2021

 

Based on information from California Regional Multiple Listing Service, Inc. as of 06/24/2021. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

©2021  California Regional Multiple Listing Service, Inc.. All rights reserved.