Prime Commercial Location 1807 Cliff Drive is an opportunity to invest in a very desirable and vibrant location. It is surrounded by a major Santa Barbara healthy grocery store, numerous restaurants, drug store, professional services and neigborhood businesses. The traffic count on Cliff Drive is excellent.
Currently in use as the only Mesa veterinary, it makes an excellent investment to hold as well as a potential development site.
Current zoning is C-P/R-2/E-3/S-D-3
The property is subject to a below market, net lease rate that expires June of 2019. The listing price reflects a discount for the lower rents. Tenant pays maintenance, property taxes, and insurance.
The building size is 3,440 square feet according to permits in the City of Santa Barbara street file, and the lot size is 18,295, or .42 acres.
This prime location, close to the sea and the poplular Marine Terrace neighborhood, combined with a facility that can provide a healthy net income yield offers the best of options.
It is imperative that the privacy of the business by respected. Inspection is subject to an accepted offer.
(Offers will first be reviewed on May 9, 2016 at Seller’s request)