Mixed-Use Retail
New
For Sale
Contact for pricing
607 State St, Santa Barbara, CA 93101
A patio, brewing area, walk-in refrigerator, and rear roll-up door are among the property’s physical features.
Property Size3,284 SF
Days on Market7
Property Features for 607 State St
General Information
Standard status
Active
Size
3,284 SF
Property subtype
Commercial
Site & Location
Neighborhood
Lower State
Amenities
patio
walk-in refrigerator
brewing area
rear roll-up door
Listing Agency:
Hayes Commercial Group
Listed By:
Dylan Ward · License #01472452
(805) 881-8810
Source:
Santaynezvalleyhomesforsale
Added: Oct 18
Changed: Oct 23
Last Checked: Oct 23 at 3:29PM
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
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Investment Insights
Based on property information with market context.
At 3,284 square feet, this mixed-use property in downtown Santa Barbara includes a patio, a brewing area, and a walk-in refrigerator. A rear roll-up door provides an additional point of access. The space is described for retail, food, and beverage uses, with nearby public and private parking options.
Key Highlights
- 3,284‑square‑foot mixed‑use property at 607 State St, Santa Barbara
- Includes a brewing area and walk‑in refrigerator
- Patio on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,111
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,220
$402.2K
Cap Rate 7%
$287,300
$287.3K
Cap Rate 9%
$223,456
$223.5K
Market Conditions
NOI Build-Up for 3,284 SF
Gross rent
$33.5K $10.20/SF
− Vacancy
−$4.8K −$1.45/SF
EGI
$28.7K $8.75/SF
− OpEx
−$8.6K −$2.62/SF
NOI
$20.1K $6.12/SF
Area
Santa Barbara County, CA
Vacancy
14.23%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$402,220
Cap Rate 7%
$287,300
Cap Rate 9%
$223,456
Alternative Uses
Best Use
Retail
$729.0K
$637.9K – $850.6K
NOI $51,033 @ 7.0% cap · market cap 5,103,300.00%
Second Best
Mixed Use
$332.0K
$290.5K – $387.3K
NOI $23,238 @ 7.0% cap · market cap 2,323,800.00%
Theoretical Best
Multifamily LT 5
$1.03M
$901.9K – $1.20M
NOI $72,150 @ 7.0% cap · market cap 7,215,000.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6,298
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A patio, brewing area, walk-in refrigerator, and rear roll-up door are among the property’s physical features.
Where is this mixed-use property located?
The property is located at 607 State St Santa Barbara, CA.
What are key features of this property?
This property features: 3,284‑square‑foot mixed‑use property at 607 State St, Santa Barbara; Includes a brewing area and walk‑in refrigerator; Patio on site
