Entitled Commercial
For Sale
$2,500,000
517 Chapala St, Santa Barbara, CA 93101
C2-zoned redevelopment site with residential development entitlements and existing automotive use.
Property SizeContact for details
Days on Market48
Property Features for 517 Chapala St
General Information
Standard status
Active
Property subtype
Specialty
Site & Location
Neighborhood
Lower State
Listing Agency:
Santa Barbara
Listed By:
Austin Herlihy
(805) 518-1491
Source:
Colliers
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 28 at 4:38AM
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 Santa Barbara
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ±11,325 SF commercial land parcel spans 0.26 acres and is zoned C2. The site currently supports a used car dealership and includes entitlements for residential development, providing an established path for a future residential project while allowing the next owner to evaluate other redevelopment directions.
Located at 517 Chapala Street in downtown Santa Barbara, the property has Chapala Street frontage and sits one block from State Street. Retail along State Street, the Amtrak station, and the waterfront are all within walkable reach. The site is also near recent institutional activity, including a UC Regents acquisition across the street and Yardi Systems’ planned headquarters relocation two blocks away.
Located at 517 Chapala Street in downtown Santa Barbara, the property has Chapala Street frontage and sits one block from State Street. Retail along State Street, the Amtrak station, and the waterfront are all within walkable reach. The site is also near recent institutional activity, including a UC Regents acquisition across the street and Yardi Systems’ planned headquarters relocation two blocks away.
Key Highlights
- ±11,325 SF commercial land parcel
- 0.26‑acre redevelopment site
- C2 zoning supports commercial land use
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,187
Businesses Nearby
280k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 31%
Shops & Services 17%
Leisure 14%
Home Improvements & Furnishings 10%
Marshalls
Apparel
37,135 visits/mo
0.5 miles
Metropolitan Fiesta 5 Theatre
Leisure
27,969 visits/mo
0.5 miles
World Market
Home Improvements & Furnishings
25,963 visits/mo
0.2 miles
Smart & Final
Groceries
22,316 visits/mo
0.4 miles
REI
Apparel
18,434 visits/mo
0.3 miles
Demographics for 93101, CA
30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Commercial land - C2-zoned redevelopment site with residential development entitlements and existing automotive use.
Where is this commercial land located?
The property is located at 517 Chapala St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: ±11,325 SF commercial land parcel; 0.26‑acre redevelopment site; C2 zoning supports commercial land use
