Vacant Three-Story Shopping
For Sale
Contact for pricing
651 Paseo Nuevo, Santa Barbara, CA 93101
Vacant leasehold space occupies three levels within the Paseo Nuevo retail center.
Property Size183,000 SF
Lot Size0.94 Acres
Days on Market142
Property Features for 651 Paseo Nuevo
General Information
Standard status
Active
Size
183,000 SF
Lot size
0.94 Acres
Property subtype
Retail
Building Details
Buildings
1
Stories
3
Building Size
183,000 SF
Listing Agency:
Northmarq - LA
Listed By:
Bryan Ley · License #1458927
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:13PM
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 Northmarq - LA
Investment Insights
Based on property information with market context.
The offering consists of a leasehold interest in the former Nordstrom space at Paseo Nuevo. The vacant property includes a three-level building totaling 183,000 square feet on 0.94 acres owned by the City of Santa Barbara.
Paseo Nuevo recorded more than 3.2 million visitors annually and is located at 651 Paseo Nuevo in Santa Barbara, California. The space may support leasing or repurposing, subject to applicable approvals and lease terms.
Paseo Nuevo recorded more than 3.2 million visitors annually and is located at 651 Paseo Nuevo in Santa Barbara, California. The space may support leasing or repurposing, subject to applicable approvals and lease terms.
Key Highlights
- Leasehold interest in the former Nordstrom space at Paseo Nuevo
- Three‑level building containing 183,000 square feet
- Situated on 0.94 acres owned by the City of Santa Barbara
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,812
Businesses Nearby
77k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 61%
Dining 30%
Shops & Services 7%
Electronics 2%
Ralphs
Groceries
46,819 visits/mo
0.4 miles
Rusty's Pizza Parlor
Dining
12,585 visits/mo
0.3 miles
Starbucks
Dining
9,353 visits/mo
0.4 miles
Jiffy Lube
Shops & Services
3,188 visits/mo
0.2 miles
The UPS Store
Shops & Services
2,268 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Vacant leasehold space occupies three levels within the Paseo Nuevo retail center.
Where is this shopping center located?
The property is located at 651 Paseo Nuevo Santa Barbara, CA.
What are key features of this property?
This property features: Leasehold interest in the former Nordstrom space at Paseo Nuevo; Three‑level building containing 183,000 square feet; Situated on 0.94 acres owned by the City of Santa Barbara
