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$ 6,495,000
Est. payment /mo
Active
421 S Milpas ST Street Santa Barbara, CA 93103
9,583 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-1330
Year Built 1954
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 9583.2
Property Sub-Type Business
Source Santa Barbara Multiple Listing Service
Property Description
Blue Sands Inn is a boutique hospitality investment opportunity in Santa Barbara, featuring a 12-key property with full entitlements for the potential addition of a 13th key. The asset can continue operating in its current configuration, providing flexibility for a buyer to implement improvements over time or pursue a repositioning strategy aligned with their vision.
Located near East Beach and Santa Barbara's primary tourism corridors, the property benefits from strong year-round demand and limited new hotel supply. The existing entitlements provide a clear path to enhance the asset, increase room count, and drive ADR growth in one of California's most desirable coastal markets.
Do not disturb management.
Located near East Beach and Santa Barbara's primary tourism corridors, the property benefits from strong year-round demand and limited new hotel supply. The existing entitlements provide a clear path to enhance the asset, increase room count, and drive ADR growth in one of California's most desirable coastal markets.
Do not disturb management.
Location
State CA
County Santa Barbara
Direction From US-101 (N or S) Take Exit 96B for Milpas St toward Los Angeles/Beaches, head S on S Milpas Street toward the ocean. Continue for about 0.5 miles & the inn will be on your right
Exterior
Parking Features Pub/Lot, Uncovrd
Others
Tax ID 017-313-012
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Western Hotel Brokers, Inc.
