Santa Barbara, CA Commercial Real Estate for Sale

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Updated: May 30

Zoned M-1 Multi-Purpose Industrial Building

601 East Montecito Street, Santa Barbara, CA 93103

$2,795,000

21,010 sqft

Approx. 21,010 SF multi‑purpose building
Zoned M‑1
Designated a Historic Landmark in 2020
Sale subject to bankruptcy court approval and may be subject to overbid

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This listing looks promising.

Here's a quick look at some key insights for

601 East Montecito Street, Santa Barbara, CA 93103

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Est. Cap Rate

4.6%
NOI ÷ price
Est. NOI

$129K
Annual
Price @ 7% Cap

$1.84M
Suggested
Last Sold

Oct 2021
$2.95M

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Updated: Jul 8

Industrial Parcel with Rear Yard

630 E Gutierrez Street, Santa Barbara, CA 93103

$1,175,000

565 sqft 0.12 AC lot

M‑1 zoned industrial parcel with a large rear yard bordered by an alley
Alley access offers efficient two‑sided access for contractors or commercial users
Built in 1927
Includes at least 1 bathroom (Bathroom 1)

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Multi-Tenant Retail Center

3609 State Street, Santa Barbara, CA 93105

$6,750,000

Multi-tenant retail center with dining, wellness, and service tenants at 3609 State Street in Santa Barbara.

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Restaurant Lease with Ground-Level Patio

2000 De La Vina Street, Santa Barbara, CA 93105

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1,530 sqft 0.24 AC lot

Restaurant space is available in a vanilla shell with ADA-compliant bathrooms and HVAC, plus a ground-level patio included in the lease.

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Corner Flex Industrial-Retail Building

502 E Haley St, Santa Barbara, CA 93103

$2,950,000

5,214 sqft

Prominent corner building with an open layout and C-M zoning, plus recent roof and sewer lateral improvements.

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Retail Suites in Santa Barbara

631-633 Chapala St, Santa Barbara, CA 93101

$2,350,000

4,201 sqft

Retail suites totaling 4,201 SF in Santa Barbara.

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Office Building For Sale

525 Olive Street, Santa Barbara, CA 93101

$3,295,000

4,865 sqft

Office building for sale in Santa Barbara County with a total size of 4,865 square feet.

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Medical Office Condo with Elevator

203-504 W Pueblo St, Santa Barbara, CA 93105

$799,000

780 sqft

Second-floor medical suite with elevator access, waiting and three exam rooms, plus prep room and ADA restroom.

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Six-Unit Mixed-Use Commercial Property

422 N. Milpas Street, Santa Barbara, CA 93103

$1,800,000

4,300 sqft

Mixed-use building with anchored ground-floor suite, 13 parking spaces, and C-2 zoning for flexible tenant use.

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Premier Santa Barbara Restaurant Building

7 E Anapamu St, Santa Barbara, CA 93101

$4,600,000

4,445 sqft

Restaurant building in prime location near arts venues.

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Medical Condo in Alamar Center

2780 State St, Santa Barbara, CA 93105

$1,395,000

1,728 sqft

Improved medical condo for sale in Santa Barbara, California.

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Prime Downtown Storefront on State

913 State St, Santa Barbara, CA 93101

$3,650,000

4,634 sqft

Architecturally striking storefront in high-traffic downtown location.

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Entitled Boutique Hotel Development Opportunity

2020 De La Vina Street, Santa Barbara, CA 93105

$5,500,000

16,918 sqft 0.65 AC lot

33-key boutique hotel development opportunity in Santa Barbara.

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Two-Story Office & Flex Suites

614 Santa Barbara St, Santa Barbara, CA 93101

Contact for pricing

3,029 sqft

Two available suites in a two-story building with high ceilings, private restrooms, HVAC, and gated parking.

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Flex and Industrial For-Sale Building

104 E Haley, Santa Barbara, CA 93101

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4,280 sqft

For-sale flex/industrial building in Santa Barbara County suited for warehouse, light production, or office use.

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Flexible Commercial Building

525 Anacapa Street, Santa Barbara, CA 93101

$4,950,000

10,723 sqft

Versatile building in downtown Santa Barbara, offering flexibility for owner-users, tenants, and adaptive re-use considerations.

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Retail Building with NNN Lease

917 State St, Santa Barbara, CA

$5,375,000

8,680 sqft 0.21 AC lot

Two-story retail building occupied by Tilly's with 14-year history.

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Specialty Commercial Property Unit 101

55 Hitchcock Way 101, Santa Barbara, CA 93105

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1,570 sqft

For sale specialty commercial unit 101 in Santa Barbara County, covering approximately 1,570 square feet.

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Office Suite with Open Floor Plan

99-1525 State St, Santa Barbara, CA 93101

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325 sqft

Office-only suite featuring an open layout and abundant natural light in Santa Barbara’s State Street corridor.

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Remodeled Corner Office Building

102 N Milpas Street, Santa Barbara, CA 93103

$1,300,000

Craftsman-style office on a high-visibility corner with dedicated parking and private offices for professional use.

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Freestanding Retail Building with Roll-Up Doors

136 E Haley Street, Santa Barbara, CA 93101

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3,890 sqft

Freestanding corner retail building with high ceilings and three large roll-up doors suited for automotive-oriented users.

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Santa Barbara Multi-Tenant Investment Opportunity

3609 State St, Santa Barbara, CA 93105

$6,750,000

Multi-tenant investment opportunity in Santa Barbara's San Roque neighborhood.

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Downtown Office Space Available

125 E Victoria St, Santa Barbara, CA 93101

Contact for pricing

676 sqft

Second-floor office space in a central downtown location.

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Commercial Property in Santa Barbara

2024 De La Vina Street, Santa Barbara, CA 93105

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2,847 sqft

Commercial property available for sale in Santa Barbara, CA.

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Santa Barbara, CA Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Santa Barbara, CA, showcased through 57 active listings on our real estate platform. These investment opportunities span a total of 250,769 square feet of properties for sale, with an estimated market value of $100,448,000.

Sale prices for business properties in Santa Barbara, CA start at $799,000, averaging $4,185,333, and reaching up to $22,649,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 191K

Population Growth (5Y) -2.4%

Median Household Income $112,487

College Educated 34.5%

High-Yield Neighborhoods for Investment

Identify Santa Barbara submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
93101	$1.6M
93103	$1.8M
93105	$2.6M

Taxes & Financing

Tax Rate (average for all types) 0.98%

Property Tax per SF $14.13 per SF

Tax Rate vs County Average 0.06 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Barbara County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Santa Barbara fall within the 10,000 to 25,000 square foot range.

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