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About This Home

This 0-bedroom, 0-bathroom commercial at 3609 State Street in Santa Barbara, CA is listed for $6,750,000 ($634 per sqft). the home offers 10,650 sqft of living space on a N/A lot.

Agent 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.

Monthly Cost Estimate

$36,100/mo

20% down · 6.5% · 30 years

Principal$4,882
Interest$29,250
Insurance$1,969

Estimates only. Actual payments may vary.

Location

3609 State Street

Santa Barbara, CA 93105

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 3609 State Street is listed at $6,750,000 ($634/sqft). The estimated monthly payment is $29,250 based on 20% down at 6.5% interest.

This property is listed by Anthony Boyajian and can be reached at 8183247639 or Tboyajian@kwcommercial.com.

AB

Anthony Boyajian

Agent at Keller Williams Realty-Studio City

(818) 324-7639

Listed by Keller Williams Realty-Studio City · View on Broker Site

MLS# SR26025220· Source: listhub· Updated 118 days ago

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3609 State Street, Santa Barbara, CA 93105

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