Corner Flex Building with
For Sale
$1,750,000
310 Pine Ave, Goleta, CA 93117
Multi-suite building with occupied medical/retail/warehouse layouts and a dedicated yard with roll-up door.
Property Size4,740 SF
Lot Size0.14 Acres
Price / SF$369.20
Days on Market501
Property Features for 310 Pine Ave
General Information
Standard status
Active
Size
4,740 SF
Lot size
0.14 Acres
Property subtype
Commercial
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices California Properties
Listed By:
Mitch Stark · License #01196532
(805) 969-5026
Source:
Santabarbarahomesearcher
Added: Jun 7, 2025
Changed: Oct 1
Last Checked: Oct 19 at 7:05AM
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 Berkshire Hathaway HomeServices California Properties
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Investment Insights
Based on property information with market context.
This corner flex building includes 3 income-producing units totaling 4,740 SF on a 6,100 SF lot. The space mix supports a variety of users, with two storefront-sized suites of about 1,500 SF each and a larger suite of about 1,740 SF plus approximately 570 SF of yard area. Unit C also includes a roll-up door, providing practical access for light warehouse or retail back-of-house needs. The property is described as having a new roof.
The building is positioned at the corner of Dawson & Pine, one block off Hollister, with a corner presentation that can support storefront visibility and customer access. At the time of listing, the property is stated to be 100% occupied, including a candle maker in Suite A under a short-term lease and a chiropractic office in Suite B under a month-to-month lease. Suite C is identified as Bella Windows, with the listing describing the suite as a sought-after retail/warehouse configuration.
For owner-users or investors, the combination of smaller, independently leased suites and a yard/roll-up-door component in the larger unit may fit businesses that need both customer-facing space and straightforward loading or product handling. The fully leased status and unit-level configuration can simplify operations for an operator looking to manage multiple tenancies within one building.
The building is positioned at the corner of Dawson & Pine, one block off Hollister, with a corner presentation that can support storefront visibility and customer access. At the time of listing, the property is stated to be 100% occupied, including a candle maker in Suite A under a short-term lease and a chiropractic office in Suite B under a month-to-month lease. Suite C is identified as Bella Windows, with the listing describing the suite as a sought-after retail/warehouse configuration.
For owner-users or investors, the combination of smaller, independently leased suites and a yard/roll-up-door component in the larger unit may fit businesses that need both customer-facing space and straightforward loading or product handling. The fully leased status and unit-level configuration can simplify operations for an operator looking to manage multiple tenancies within one building.
Key Highlights
- Commercial corner property at Dawson & Pine (one block off Hollister) with 4,740 SF building on a 6,100 SF lot
- 3 bread‑and‑butter units: 1,500 SF (Suite A), 1,500 SF (Suite B), and 1,740 SF (Suite C) plus 570 SF yard space
- Currently 100% occupied with three tenants across retail/medical/warehouse‑style spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,561
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,691,220
$1.7M
Cap Rate 7%
$1,208,014
$1.2M
Cap Rate 9%
$939,567
$939.6K
Market Conditions
NOI Build-Up for 4,740 SF
Gross rent
$125.1K $26.40/SF
− Vacancy
−$12.4K −$2.61/SF
EGI
$112.7K $23.79/SF
− OpEx
−$28.2K −$5.95/SF
NOI
$84.6K $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%
$1,691,220
Cap Rate 7%
$1,208,014
Cap Rate 9%
$939,567
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,561 @ 7.0% cap · market cap 4.83%
Second Best
Healthcare Medical
$1.01M
$883.3K – $1.18M
NOI $70,665 @ 7.0% cap · market cap 4.04%
Theoretical Best
Multifamily LT 5
$1.49M
$1.30M – $1.74M
NOI $104,138 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 93117, CA
53,430
Population
18,208
Households
2.9
Avg Household Size
28
Median Age
49%
College-Educated
90%
High-School Grad
168.1 sq mi
ZIP Area
318
Density / Sq Mi
$85,711
Median Household Income
$28,542
Median Earnings
$1,980
Median Rent
$1,021,700
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
Similar Off Market Nearby
- Elubia's Kitchen — 325 Rutherford St Suite D, Goleta, CA 93117
- AR Catering — 6034 Hollister Ave, Goleta, CA 93117
- Santa Barbara Catering Company — 6030 Hollister Ave, Goleta, CA 93117
- Santa Barbara Food Connection — 5599 Hollister Ave, Goleta, CA 93117
- Pocotruck — 5756 Calle Real, Santa Barbara, CA 93117
Frequently Asked Questions
What type of property is this?
Flex space - Multi-suite building with occupied medical/retail/warehouse layouts and a dedicated yard with roll-up door.
Where is this flex space located?
The property is located at 310 Pine Ave Goleta, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Commercial corner property at Dawson & Pine (one block off Hollister) with 4,740 SF building on a 6,100 SF lot; 3 bread‑and‑butter units: 1,500 SF (Suite A), 1,500 SF (Suite B), and 1,740 SF (Suite C) plus 570 SF yard space; Currently 100% occupied with three tenants across retail/medical/warehouse‑style spaces
