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Monday, June 01, 2009 

Cantwell's on State Street for Sale?

It seems to be listed up on LoopNet.
Property Use Type: Investment
Type: Shopping Center
Neighborhood Center
GLA: 9,100 SF
Lot Size: 18,730 SF
• 5.5$ CAP with Development potential • Excellent Downtown Santa Barbara Location
• $400,000 Net Income Annually • Drawings and Plans Available for Development, currently a work in progress
• Seller will carry 1st or 2nd T.D. for Qualified Buyer • Retail - officespace of 3,100 sq. ft. currently available for owner-occupant on ground level

and a Craigslist posting gives the indication that all three locations may be for sale.

Cantwell's Sandwiches
Originally uploaded by catzcartas.

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The craigslist posting is not Cantwell's Cantwells store would sell for 10 times that amount...........

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