Rare opportunity to acquire a versatile “Flex Property” (Industrial, Retail, Office) and/or redevelop the site to accommodate residential units for mixed use on a large parcel in one of Santa Barbara’s most desirable locations. The property features a functional, small-footprint building, ideal for an owner-user seeking efficiency and flexibility. The oversized lot provides valuable yard space, parking, and potential for expansion, while also presenting a unique opportunity to potentially add residential units (buyer to verify). This combination of flexibility of use with development upside is extremely rare in today’s supply-constrained market. Well-suited for a variety uses (industrial, retail, office - or combination thereof), the property offers both immediate usability and long-term value creation. Strategically located just minutes from downtown with convenient access to major thoroughfares, 1327 De La Vina Street stands out as a compelling opportunity for both owner-users and investors.