1935 State St - Service Station FOR SALE


Santa Barbara, CA 93101- Westside
$4,500,000 USD
310-985-8777
1935 State St, Santa Barbara, CA for Sale
$4,500,000 USD
Service Station - FOR SALE
1/11
null | Request Cap Rate

Aug '25


1935 State St
Santa Barbara, CA 93101
Westside


HIGHLIGHTS

  • Close to 101 Freeway
  • No competition on same corner
  • Station will substantially do better as an independent or Chevron brand

OVERVIEW

Arco contract will end in 2028 4 new pumps were installed in June 2025 4 DW underground tanks. Possible to add Diesel and/or E-85 Chevron is interested in this site New Coffee machine and Drink Dispenser was recently installed (at 140k cost) Has Beer and Wine license

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$2,615 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

ARCO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1943

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C-2

APN/PARCEL ID

025-371-007

ASK ABOUT THIS PROPERTY

Alex ShapouriICOA INCMore Info
310-985-8777

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Alex ShapouriICOA INCMore Info
310-985-8777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.