149 S First St

    Orcutt, CA 93455
    • $689,000
    • STATUS: Active
    • ON SITE: 131 days
    • MLS #: 18-3720
    Price Reduced
    $689,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Listing provided courtesy of Champion Real Estate.

    Description

    Great opportunity to invest or become an owner/operator in ''Old Town Orcutt!'' A single story structure with 3,150 total SqFt. Nicely located in the heart of the business sector and directly next door to the US Post office. Though not on a main street, a high traffic area. Current total rent is $4,050 for 6 separate units (525 SqFt each). At the current listed price with annual expenses and projected property taxes, a 5.0% CAP Rate. Rare available parking on the same parcel! A total of 9 parking spaces. Room for some upgrading to increase return on investment.

    Monthly Payment Calculator



    © 2019 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2019-02-20T23:47:11.423. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2019-02-20T23:47:11.423.
    www.theepsteinpartners.com/homes/88453635

    149 S First St Orcutt, CA 93455

    • Price: $689,000
    • Status: Active
    • MLS #: 18-3720
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1990
    Built
    Neighborhood:
    Santa Maria
    County:
    Santa Barbara
    Area:
    Santa Maria
    Property Description
    Great opportunity to invest or become an owner/operator in ''Old Town Orcutt!'' A single story structure with 3,150 total SqFt. Nicely located in the heart of the business sector and directly next door to the US Post office. Though not on a main street, a high traffic area. Current total rent is $4,050 for 6 separate units (525 SqFt each). At the current listed price with annual expenses and projected property taxes, a 5.0% CAP Rate. Rare available parking on the same parcel! A total of 9 parking spaces. Room for some upgrading to increase return on investment.
    Interior Features

    Amenities Meter/ElecMeter/Gas Heating Cooling A/C CentralGfaOther

    Property Features

    1031 Exchange No Business Type Service Condition FairGood Cross Street Clark Deposit 10000.00 For Sale Or Lease For Sale Franchise No Gross Square Feet 3150.00 Income Expenses Annual Gross Income 48600.00 Income Expenses Ins Exp 3030.00 Income Expenses NOI 33110.00 Income Expenses Taxes Exp 5297.00 Income Expenses Utility Expenses 1860.00 Lease Assumable No Loan No Offices 6 Owner Pays InsTaxesTrashWtr Parking Pub/Lot Tenant Pays Cbl TvElecExt MainGasJanitr Terms CashOther Total Bathrooms 6.00 Type Commercial Use Medical OfficeRetail/Commercial Zoning C-O

    Listing information © 2019 Santa Barbara MLS
    Listing provided courtesy of Champion Real Estate.



    © 2019 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2019-02-20T23:47:11.423. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2019-02-20T23:47:11.423.
     
    Keller Williams
    1435 Anacapa St.
    Santa Barbara CA, 93101
    Listing provided courtesy of Champion Real Estate.