Building Details

Year Renovated 2012

Buildings 1

Stories 3

Abandoned No

Listing Agency: NextHome Central Coast

Listed By: Chris Cucchiara · License #02023880 Show Phone

Source: Myfabuloushome

Added: Jul 28 Changed: Oct 10 Last Checked: Oct 7 at 4:57PM

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Investment Insights

Based on property information with market context.

This 10,000-square-foot mixed-use building has three levels and received a full remodel and seismic retrofit in 2011–2012. The partially finished basement provides additional usable area, while the primary level features an open layout, two ADA-approved bathrooms, two mezzanines, a retained ticket booth, a wine-barrel open bar, and installed sound boards. One mezzanine contains a sound studio, and the other includes one-bedroom, one-bath apartment-style living space.

The upper level is configured as a large office with original wood paneling and exposed brick, along with additional living quarters. A backyard adds outdoor space and may support an ADU or other residential use, subject to county approval. The property is located at 910 Guadalupe in downtown Guadalupe, directly along the main road.

Key Highlights

• 10,000‑square‑foot mixed‑use building at 910 Guadalupe, Guadalupe, CA 93434
• Three‑level layout with approximately 3,000 square feet per level
• Full remodel and seismic retrofit completed in 2011–2012

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$70,760

Cap Rate

3.82%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,415,200 $1.4M

Cap Rate 7%

$1,010,857 $1.0M

Cap Rate 9%

$786,222 $786.2K

Market Conditions

NOI Build-Up for 10,000 SF

Gross rent

$132.0K $13.20/SF

− Vacancy

−$18.8K −$1.88/SF

EGI

$113.2K $11.32/SF

− OpEx

−$42.5K −$4.25/SF

NOI

$70.8K $7.08/SF

Area

Santa Barbara County, CA

Vacancy

14.23%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,415,200

Cap Rate 7%

$1,010,857

Cap Rate 9%

$786,222

Alternative Uses

Best Use

Office B

$2.55M

$2.23M – $2.97M (±1% cap)

NOI $178,398 @ 7.0% cap · market cap 9.64%

Second Best

Mixed Use

$1.01M

$884.5K – $1.18M (±1% cap)

NOI $70,760 @ 7.0% cap · market cap 3.82%

Theoretical Best

Multifamily LT 5

$3.14M

$2.75M – $3.66M (±1% cap)

NOI $219,701 @ 7.0% cap · market cap 11.88%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Kitchen & Bath Showroom Catering Service

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

Lease Details

1

Office units

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

182

Businesses Nearby

Explore this area Business Placement

Demographics for 93434, CA

8,120

Population

2,296

Households

3.5

Avg Household Size

30

Median Age

12%

College-Educated

57%

High-School Grad

22.8 sq mi

ZIP Area

356

Density / Sq Mi

$71,351

Median Household Income

$34,727

Median Earnings

$1,674

Median Rent

$454,200

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - Remodeled three-level property with office, residential, studio, and flexible open-area components.

Where is this mixed-use property located?

The property is located at 910 Guadalupe Guadalupe, CA.

What is the asking price?

The asking price for this property is $1,850,000.

What are key features of this property?

This property features: 10,000‑square‑foot mixed‑use building at 910 Guadalupe, Guadalupe, CA 93434; Three‑level layout with approximately 3,000 square feet per level; Full remodel and seismic retrofit completed in 2011–2012