Vacant Rite Aid options under consideration in Carpinteria

CARPINTERIA, Calif. – The city of Carpinteria has a Community Project Funding Grant that could be used to purchase the former Rite Aid located at 801 Linden Ave.

The city manager gave a status update presentation on the issue tonight.

Some community members said they would like to see the property used for children and seniors.

Others have said they would like it to be as a restaurant just down the street from the beach.

City Manager Michael Ramirez said the property owner is asking $5 million.

"Anything is possible. We are considering this and then the community is committed to a community center," said Ramirez, "So if it is not this location, you know, our commitment is to help."

Ramirez said the city has had a tough year financially that has caused some deferment and reduction in services.

"So, it would be solely based on contributions from the philanthropic community, from community donors and the city also received a $950,000 Federal grant."

The property is owned by the Welty family.

John Welty told the council his family foundation could help carry the loan if the city intends to buy the property.

Ramirez said the city would need to appraise the land.

The council voted unanimously to see if buying the building is feasible.

A multi-family property on 8th St. is for sale for under $3 million.

Rite Aid has closed hundreds of stores since filing Chapter 11.

Carpinteria is not alone when deciding what to do with the former drug store building.

The building is considered a prime location for locals and tourists, alike.