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    532 State St Santa Barbara, CA 93101

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    For Sale
    $2,250,000

    Quintessential Spanish-style building in the heart of downtown Santa Barbara.

    Lot size:
    0.05 Acres

    Property Features for 532 State St

    General Information

    Lot size
    0.05 Acres

    Source: Berkshire Hathaway HomeServices California Properties

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Santa Barbara Commercial Building

    Located in the heart of downtown Santa Barbara, across from Hotel Santa Barbara and close to the Drift Hotel, this quintessential Spanish-style commercial building is available for sale. The split-level building is in upgraded condition, featuring recessed lighting, new split HVAC units, and stylish bathrooms. The first floor, suitable for a variety of commercial uses, has 12-foot ceilings. A beautiful staircase with original iron work leads to the second floor, which has 8-foot ceilings and is currently used as a residential unit. The upstairs features a skylight, an upgraded full bathroom, and a balcony overlooking State Street. The property also includes a rear courtyard/patio, making it a true gem.
    Insight Report Location Intelligence

    Current Use by Public Records

    Yona Redz Mexican Restaurant Old Kings Road Pub Startbuilding yourBusiness Prfile Washer & Dryer Repair Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Pharmacy Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.6963145
    Latitude
    34.4177276

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    FAQs

    What type of property is this?
    Mixed-use property - Quintessential Spanish-style building in the heart of downtown Santa Barbara.
    Where is this mixed-use property located?
    The property is located at 532 State St Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Prime downtown Santa Barbara location in the heart of the 500 block of State Street.; - Versatile split-level building suitable for a variety of commercial and residential uses.; - Upgraded condition with recessed lighting, new split HVAC units, and stylish bathrooms.
    (805) 969-5026
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    532 State St Santa Barbara, CA 93101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    532 State St Santa Barbara, CA 93101
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