Renovated Downtown Office
For Sale
Contact for pricing
104 W Anapamu St Unit G I K L M, Santa Barbara, CA 93101
Flexible office suites feature open layouts, exposed ceilings, natural light, and on-site parking in downtown Santa Barbara.
Property Size12,390 SF
Days on Market284
Property Features for 104 W Anapamu St Unit G I K L M
General Information
Standard status
Active
Size
12,390 SF
Property subtype
Commercial
Listing Agency:
Radius Group Commercial R.E.
Listed By:
Paul Gamberdella
(805) 965-5500
Source:
Santaynezvalleyhomesforsale
Added: Jan 10
Changed: Oct 1
Last Checked: Oct 20 at 9:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Radius Group Commercial R.E.
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Investment Insights
Based on property information with market context.
This office property at 104 W Anapamu St includes units ranging from approximately 1,414 SF to approximately 12,390 SF. The recently renovated interiors offer open, collaborative floor plans, exposed ceilings, and substantial natural light, accommodating a range of office configurations within the building.
Positioned at the corner of Chapala and Anapamu Streets in downtown Santa Barbara, the property is near restaurants and shops. On-site parking adds convenience for occupants and visitors, while the range of suite sizes supports both smaller and larger office requirements.
Positioned at the corner of Chapala and Anapamu Streets in downtown Santa Barbara, the property is near restaurants and shops. On-site parking adds convenience for occupants and visitors, while the range of suite sizes supports both smaller and larger office requirements.
Key Highlights
- Office units range from ±1,414 SF to ±12,390 SF
- Newly renovated interiors with open‑collaborative layouts
- Exposed ceilings and abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$221,035
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,420,700
$4.4M
Cap Rate 7%
$3,157,643
$3.2M
Cap Rate 9%
$2,455,944
$2.5M
Market Conditions
NOI Build-Up for 12,390 SF
Gross rent
$327.1K $26.40/SF
− Vacancy
−$32.4K −$2.61/SF
EGI
$294.7K $23.79/SF
− OpEx
−$73.7K −$5.95/SF
NOI
$221.0K $17.84/SF
Area
Santa Barbara County, CA
Vacancy
9.90%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,420,700
Cap Rate 7%
$3,157,643
Cap Rate 9%
$2,455,944
Alternative Uses
Best Use
Office B
$3.16M
$2.76M – $3.68M
NOI $221,035 @ 7.0% cap · market cap 22,103,500.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.89M
$3.40M – $4.54M
NOI $272,210 @ 7.0% cap · market cap 27,221,000.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,541
Businesses Nearby
Explore this area
Business Placement
Demographics for 93101, CA
30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible office suites feature open layouts, exposed ceilings, natural light, and on-site parking in downtown Santa Barbara.
Where is this office unit located?
The property is located at 104 W Anapamu St Unit G I K L M Santa Barbara, CA.
What are key features of this property?
This property features: Office units range from ±1,414 SF to ±12,390 SF; Newly renovated interiors with open‑collaborative layouts; Exposed ceilings and abundant natural light
