7
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$6,750,000
Est. payment /mo
0.56 Acres Lot
Active
3609 State ST Santa Barbara, CA 93105
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26025220
HOA Y/N No
Lot Size 0.560 Acres
Property Sub-Type Retail
Property Description
We are pleased to offer for sale an incredible multi- Tenant Investment Opportunity in the preferred Santa Barbara San Roque neighborhood. The Tenants benefit from a “Perfect Storm” of exceptional business factors, a vibrant local high-income customer base, as evidenced by the upscale adjacent hillside homes, a steady high volume traffic count, and the advantages of being in a Premier High End Trade area, as evidenced by the influence of Prestigious Grocery Stores Whole Foods, Gelson's and Bristol Farms.
The Center boasts a complimentary Mix of Businesses; Home Improvement, Restaurants, Personal High Tech Devices, Financial Services, and Self Improvement/Wellness/Beauty. Ontare Plaza benefits from a symbiotic complimentary mix of Occupants, National Brands Baskin Robbins, T-Mobile, Ace Cash Express, longtime restaurateurs Rudys and Kaz To Go, along with Local Pillars Sleep Shoppe, TriCounty Blinds, and Salt Salon.
Many of the Tenants have been long term residents of Ontare Plaza, planting deep business roots in the San Roque community. The Property and the charming surrounding area have created a strong Loyalty from the Renters, over half the Residents have operated at the location for over 13 years, with Baskin Robbins being a Community Stalwart for over 30 years, and Rudy's Mexican Restaurant being a constant for almost 40 years. Tenant Stability has been synonymous with Ontare Plaza.
Ontare Plaza is a perfect addition for the discerning investor who values stability, location and the Quest for Generational Wealth as Cornerstones in building their Portfolio.
Call agents for more information.
The Center boasts a complimentary Mix of Businesses; Home Improvement, Restaurants, Personal High Tech Devices, Financial Services, and Self Improvement/Wellness/Beauty. Ontare Plaza benefits from a symbiotic complimentary mix of Occupants, National Brands Baskin Robbins, T-Mobile, Ace Cash Express, longtime restaurateurs Rudys and Kaz To Go, along with Local Pillars Sleep Shoppe, TriCounty Blinds, and Salt Salon.
Many of the Tenants have been long term residents of Ontare Plaza, planting deep business roots in the San Roque community. The Property and the charming surrounding area have created a strong Loyalty from the Renters, over half the Residents have operated at the location for over 13 years, with Baskin Robbins being a Community Stalwart for over 30 years, and Rudy's Mexican Restaurant being a constant for almost 40 years. Tenant Stability has been synonymous with Ontare Plaza.
Ontare Plaza is a perfect addition for the discerning investor who values stability, location and the Quest for Generational Wealth as Cornerstones in building their Portfolio.
Call agents for more information.
Location
State CA
County Santa Barbara
Area Vc81 - Santa Barbara
Interior
Fireplace No
Laundry None
Building
Lot Description 6-10 Units/Acre
Story 1
Water Public
Others
Tax ID 051051006
Special Listing Condition Standard
Listed by Anthony Boyajian Keller Williams Realty-Studio City 818-324-7639, DRE #01877967
NEARBY SCHOOL & BUSINESS
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