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$8,995,000
Est. payment /mo
4,470 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,470 sqft
Price per Sqft $2,012
MLS Listing ID 25511947
Year Built 1959
Lot Size 0.340 Acres
Acres 0.34
Property Description
This Santa Barbara beach hostel located in the most desirable zone between the Pacific Ocean and the train station; directly behind the MOXI children's museum, hotels, and downtown restaurants; bordered by a creek and offering an exceptional opportunity to operate a traveler's hostel with 66 beds including some private suites; this is a once in a lifetime iconic property. Value add opportunities include creating additional private suites, installing car charging technology, and patterning with local restaurants or caterers to facilitate meal services. Currently operating profitably, there are endless possibilities to improve this amazing property. Onsite kitchen, dining room, and game room, plus outdoor sunning and grills.
Location
State CA
County Santa Barbara
Area Santa Barbara
Zoning HRC-2/S-D-3
Building
Story 1
Others
Special Listing Condition Standard
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Listed by Goodwin & Thyne Properties Inc