Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1925
Sq.Footage
N/A
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.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Corner Lot, Flag Lot, Rectangular Lot
-
Lot Size(acres)
0.57
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Construction Materials
Block, Concrete
Financial
-
Sales Price
$49,000,000
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Location
County
Santa Barbara
Elementary School
Middle School
High School
Listing Courtesy of Aaron Valenty , Berkshire Hathaway HomeService
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