Office Suite with Conference
For Sale
Contact for pricing
2000 State St, Santa Barbara, CA 93105
A professional workspace combines a welcoming reception area with dedicated meeting space and an in-suite kitchen.
Property Size1,572 SF
Price / SF$3.50
Days on Market57
Property Features for 2000 State St
General Information
Standard status
Active
Size
1,572 SF
Total Parking Spaces
4
Property subtype
Commercial
Site & Location
Neighborhood
Oak Park
Additional Details
Property Use
Office
Amenities
private offices
ADA ramp
reception area
conference room
flat-screen TV
kitchen
refrigerator
microwave
fireplace
bathrooms
marquee sign
Building Details
Year Built
1934
Listing Agency:
Goodwin Properties
Listed By:
Kevin Goodwin · License #01376204
(805) 448-2200
Source:
Santabarbarahomesearcher
Added: Sep 8
Changed: Nov 1
Last Checked: Nov 3 at 7:29AM
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 Goodwin Properties
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Investment Insights
Based on property information with market context.
Configured for professional office use, the suite contains 8 enclosed offices, a spacious reception area, a conference room with a mounted flat-screen TV, and a kitchen equipped with a refrigerator and microwave. A fireplace and 1.5 bathrooms are also part of the interior. Multiple entrances include an ADA ramp, and the space can be offered with or without furnishings.
The property occupies the corner of State Street and Mission Street in Santa Barbara. A marquee sign on State Street provides on-site identification, while access to downtown Santa Barbara and Upper-State Street is noted. Parking includes a private 2-car garage, 2 driveway spaces, and on-street parking.
The property occupies the corner of State Street and Mission Street in Santa Barbara. A marquee sign on State Street provides on-site identification, while access to downtown Santa Barbara and Upper-State Street is noted. Parking includes a private 2-car garage, 2 driveway spaces, and on-street parking.
Key Highlights
- 8 enclosed offices, a reception area, conference room, kitchen, fireplace, and 1.5 bathrooms
- Multiple entrances, including an ADA ramp
- Conference room includes a mounted flat‑screen TV
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,044
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,880
$560.9K
Cap Rate 7%
$400,629
$400.6K
Cap Rate 9%
$311,600
$311.6K
Market Conditions
NOI Build-Up for 1,572 SF
Gross rent
$41.5K $26.40/SF
− Vacancy
−$4.1K −$2.61/SF
EGI
$37.4K $23.79/SF
− OpEx
−$9.3K −$5.95/SF
NOI
$28.0K $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%
$560,880
Cap Rate 7%
$400,629
Cap Rate 9%
$311,600
Alternative Uses
Best Use
Office B
$400.6K
$350.6K – $467.4K
NOI $28,044 @ 7.0% cap · market cap 509.89%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$493.4K
$431.7K – $575.6K
NOI $34,537 @ 7.0% cap · market cap 627.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,779
Businesses Nearby
Explore this area
Business Placement
Demographics for 93105, CA
26,003
Population
11,401
Households
2.3
Avg Household Size
49
Median Age
60%
College-Educated
94%
High-School Grad
139.8 sq mi
ZIP Area
186
Density / Sq Mi
$129,549
Median Household Income
$64,371
Median Earnings
$2,572
Median Rent
$1,496,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A professional workspace combines a welcoming reception area with dedicated meeting space and an in-suite kitchen.
Where is this office unit located?
The property is located at 2000 State St Santa Barbara, CA.
What are key features of this property?
This property features: 8 enclosed offices, a reception area, conference room, kitchen, fireplace, and 1.5 bathrooms; Multiple entrances, including an ADA ramp; Conference room includes a mounted flat‑screen TV
