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De La Vina Street is a primary artery in the Upper State Street (Northside) corridor in Santa Barbara. Nearby businesses include Ralphs Grocery, Trader Joe’s and CVS Pharmacy. This is a prime commercial parcel suitable for a variety of commercial and/or mixed use development projects. Note that the seller will consider a sale, lease or ground lease. The seller will finance with 25% down payment. Favorable Phase 1 report.
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2912 De La Vina, Santa Barbara, CA 93105
1,288 SF Building - 17,860 SF C2 Parcel
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Price: $1,525,000 - $85.39 PSF Land
Lease Rate: $6,000 mo. NNN ($711)
Terms: 25% down payment, seller will finance
Seller will consider a lease or ground lease – submit terms
Land Area: 17,860 SF
Building Area: 1,288 SF
APN: 051-180-029
Parking: 34 spaces (two handicapped)
Zoning: C2 - General Commercial
Lease: Leased to a Taco Bell franchisee to May 2012 with no remaining options
Income: Base rent plus overage – currently $2,300 mo. approx.
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