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Multi-Tenant Retail Building with Yard
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323 Magnolia Ave, Goleta, CA 93117

Two-suite commercial building with high ceilings, two storefront entrances, and a rear outdoor yard leased on month-to-month terms.

Property Size4,600 SF
Days on Market121

Property Features for 323 Magnolia Ave

General Information

Standard status Active
Size 4,600 SF
Property subtype Retail
Occupancy 100%

Additional Details

Outdoor Storage Yes

Amenities

high ceilings
two storefront entries
rear outdoor space/yard

Building Details

Tenancy Multi
Listing Agency: Radius Commercial Real Estate & Investments Santa Barbara
Listed By: Brad Frohling · License #CA 01323736
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 11:37AM

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 Commercial Real Estate & Investments Santa Barbara

Investment Insights

Based on property information with market context.

This multi-tenant commercial building is currently leased to a church and a martial arts tenant on a month-to-month basis. The property offers flexible use space with high ceilings, two storefront entries, and a rear outdoor space/yard. Two suites are available within the building, including approximately 2,760 SF and approximately 1,840 SF.

The building is located at 323 Magnolia Ave in Goleta, California. With two separate storefront entrances and outdoor yard space to the rear, the layout supports a range of day-to-day operational needs for tenants sharing a single building.

Please do not disturb existing month-to-month tenants. Contact the listing agent for additional details and information.

Key Highlights

  • Multi‑tenant commercial building leased to a church and martial arts tenant on month‑to‑month terms
  • Two suites totaling approximately 4,600 SF: approx. 2,760 SF and approx. 1,840 SF
  • High ceilings throughout and two storefront entrances

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Acupuncture Law Firm Pet Grooming Service Tattoo & Piercing Shop Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,376
Businesses Nearby
209k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 38% Dining 33% Shops & Services 25% Hotels & Casinos 3%
Trader Joe's Groceries
48,119 visits/mo 0.5 miles
Albertsons Groceries
31,234 visits/mo 0.5 miles
McDonald's Dining
28,894 visits/mo 0.2 miles
Wendy's Dining
14,277 visits/mo 0.2 miles
Chase Bank Shops & Services
10,148 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-suite commercial building with high ceilings, two storefront entrances, and a rear outdoor yard leased on month-to-month terms.
Where is this retail space located?
The property is located at 323 Magnolia Ave Goleta, CA.
What are key features of this property?
This property features: Multi‑tenant commercial building leased to a church and martial arts tenant on month‑to‑month terms; Two suites totaling approximately 4,600 SF: approx. 2,760 SF and approx. 1,840 SF; High ceilings throughout and two storefront entrances
(805) 965-5500 Call to check price and availability
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