Rare spacious office condominium for sale by downtown Santa Barbara! Unique Owner's Unit at ''La Tierra'' has been kept by the Association builder for their own use as a deluxe architect's suite since being opened in 1982. Featuring soaring 2-story 20-foot ceilings, and an end-unit corner location with many light-filled south- and west-facing windows, this centrally-located 1680+/- SF multi-space suite, can work equally well for an owner-user or for a pure investor. Seller will provide 80% Seller-financing @ 5% annual interest rate for 10 years, making the economics even more attractive beyond the competitive price per SF; consider also for debt-balancing a 1031 multi-property exchange. Financial pro-forma and other info in the Offering Memorandum under Documents. Fantastic opportunity!
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Listing information provided courtesy of the Santa Barbara MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 23rd March, 2023 8:28 PM (UTC)
Listing Office: Berkshire Hathaway HomeServices California Properties