This Property is no longer advertised on Showcase.com.
Off Market
1/5

1105 State St
Santa Barbara, CA 93101


HIGHLIGHTS

  • $640,000 PRICE REDUCTION! Now Offered at $2,850,000 | Price Per SF: $278/SF ($392/SF not including basement)
  • Building Size: Approx. 10,250 SF (3 Floors) | Lot Size: Approx. 5,662 SF
  • Ceiling Height: 10' - 14' | Elevator: Old Freight Elevator
  • Parking: 1 Space + Public Lot
  • HVAC: Throughout | Restrooms: 2
  • APN: 039-231-013

OVERVIEW

MAJOR PRICE REDUCTION! | This 10,250 SF building in the heart of Santa Barbara enjoys high visibility on State St., one of California’s premier shopping, dining and arts promenades. Features include up to 14’ ceilings, skylights, functional basement, 2nd floor retail or residence, wood floors, 7-year-old roof and well maintained HVAC units. Potential for retail, arts, restaurant or nightclub. The city attracts 7 million visitors a year and $1.9 billion in visitor spending. Built in 1920 and home to Andera’s Department Store for over 60 years, the building is currently occupied by the Seller who operates a successful business (please do not disturb). After close of escrow, Seller requests 2–4 months leaseback to liquidate inventory.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Prime Downtown Santa Barbara Storefront

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

10250

STORIES

3

YEAR BUILT

1920

SPRINKLERS

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PARKING SPACES

1

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

039-231-013,039-231-038