Corner Flex Building with
310 Pine Avenue Goleta, CA 93117
310 Pine Avenue, Goleta, CA, 93117
Contact for pricing
For Sale
Contact for pricing
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 Market51
Property Features for 310 Pine Avenue
General Information
- Standard status
- Active
- Size
- 4,740 SF
- Lot size
- 0.14 Acres
- Property subtype
- Retail, Office, Industrial
Listing agency
Berkshire Hathaway Commercial Division
Listed by
Mitch Stark · License #CA 01196532
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 4:25AM
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 Commercial Division
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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $125.1k | $26.40 |
| − Vacancy | −$12.4k | −$2.61 |
| EGI | $112.7k | $23.79 |
| − OpEx | −$28.2k | −$5.95 |
| NOI | $84.6k | $17.84 |
4,740 SF · lease $26.40/SF/yr · vacancy 9.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.21M
$1.06M – $1.41M
NOI $84,561 @ 7.0% cap · market cap 4.83%
Second Best
Retail
$1.05M
$920.8K – $1.23M
NOI $73,660 @ 7.0% cap · market cap 4.21%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- AR Catering — 6034 Hollister Ave, Goleta, CA 93117
- Elubia's Kitchen — 325 Rutherford St Suite D, Goleta, CA 93117
- Pocotruck — 5756 Calle Real, Santa Barbara, CA 93117
- Santa Barbara Catering Company — 6030 Hollister Ave, Goleta, CA 93117
- Santa Barbara Food Connection — 5599 Hollister Ave, Goleta, CA 93117
FAQs
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 Avenue 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