This prominent retail/office building is conveniently located in the heart of downtown. The retail frontage enjoys strong visibility, signage and pedestrian traffic and features an inviting patio. The office space is easily accessed from the public parking lot behind the building.
|
 |
1029 State Street
Santa Barbara, CA 93101
Downtown Retail/Office Building
Map It!
Square Feet: 5,938 SF
Parcel Size: 5,440 SF
APN: 039-281-012
Floors: Two
Parking: Zone of Benefit. Public parking lot at rear.
Traffic Count: Auto: 11,000 ADT, Pedestrian: 12,000/day
Zoning: C-2
Construction Type: Masonry (reinforced)
HVAC: Roof mounted – 4 units, 12 tons total capacity
Sprinklers: Yes
Restrooms: 4 – two in retail section, two in office section
Showings: Do not disturb tenants. Call listing agents.
Sale Price: $2,675,000
Price PSF: $450
Cap Rate: 7% proforma
PDF Flyer
|