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Renovated Office Suite with Natural Light
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331 N Milpas St Unit 2a & 2b, Santa Barbara, CA 93103

Second-floor suite with updated finishes, shared kitchenette, lounge, and on-site parking.

Property Size1,269 SF
Days on Market351

Property Features for 331 N Milpas St Unit 2a & 2b

General Information

Standard status Active
Size 1,269 SF
Property subtype Commercial
Listing Agency: Hayes Commercial Group
Listed By: Daniel Ferrick
Source: Santaynezvalleyhomesforsale
Added: Sep 14, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:42AM

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 Hayes Commercial Group

Investment Insights

Based on property information with market context.

This 1,269-square-foot office suite occupies the second floor of a freestanding building and has undergone renovation with new finishes and fixtures. Natural light and Riviera views add to the interior environment, while a shared kitchenette and lounge serve second-floor occupants. The layout is suited to traditional office use and is also identified for second-floor retail uses such as pilates, yoga, and dance.

The property is located at 331 N Milpas St in Santa Barbara’s Milpas Corridor. CVS and Starbucks are directly across the street, and Trader Joe’s is one block away. On-site parking provides an additional convenience for occupants and visitors.

Key Highlights

  • 1,269‑square‑foot second‑floor office suite
  • Renovated with new finishes and fixtures
  • Natural light with Riviera views

Property Analytics

Current Use

August Roofing & Solar Roofing Company Lucid Psychedelic Therapeutics ... Gym & Fitness Center Santa Barbara Ketamine ... Gym & Fitness Center Zak Dental - Santa ... Dental Office

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Tanning Salon Barber Shop

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

Location Intelligence

Trade Area within ½ mile

2,322
Businesses Nearby

Demographics for 93103, CA

20,029
Population
8,069
Households
2.5
Avg Household Size
39
Median Age
46%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
3,642
Density / Sq Mi
$118,118
Median Household Income
$46,441
Median Earnings
$2,407
Median Rent
$1,555,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor suite with updated finishes, shared kitchenette, lounge, and on-site parking.
Where is this office units located?
The property is located at 331 N Milpas St Unit 2a & 2b Santa Barbara, CA.
What are key features of this property?
This property features: 1,269‑square‑foot second‑floor office suite; Renovated with new finishes and fixtures; Natural light with Riviera views
More about this property
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