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    827-833 State St Santa Barbara, CA 93101

    Sponsored
    For Lease
    $30 SF/Yr

    Prime State Street location, multiple units available.

    Lot size:
    58,762 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Howard Canfield Building, a distinguished two-story structure at 827-833 State Street in Santa Barbara, California, presents a unique opportunity for retail tenants. Built in 1925 and renovated in 1992, this 58,762 square foot building boasts a coveted corner location at the highly trafficked intersection of State Street and Canon Perdido Street, within Santa Barbara County's Downtown Santa Barbara submarket. Its prime position directly adjoins the Paseo Nuevo mall, placing it within the heart of Santa Barbara's bustling retail scene. The building features a multiple-tenancy configuration, offering flexibility for various retail businesses. Current tenants include a mix of national and local businesses, showcasing the building's appeal to a diverse range of retailers. The building's prominent location on the 800 block of State Street ensures high visibility and foot traffic, making it an ideal location for businesses seeking maximum exposure. This exceptional property offers a blend of historical charm and modern functionality, providing a unique opportunity to establish a presence in one of Santa Barbara's most desirable retail areas. The zip code is 93101.

    Property Features for 827-833 State St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,762 SF
    Total Rate
    146905

    Building Details

    Year Built/Renovated
    1925/1992
    Stories
    2

    Unit(s) available at that property

    Space
    11 W. Canon Perdido St.
    Size
    1,730 SF
    Rate per SF
    $30
    Space
    1 W. Canon Perdido Street
    Size
    7,306 SF
    Space
    833 State Street
    Size
    2,918 SF
    Rate per SF
    $60

    HighLights

    • 58,762 square foot mixed‑use building at the corner of State and Canon Perdido Streets in Santa Barbara, CA.
    • Anchored by H&M (ground floor) and Cappello & Noel Law (2nd floor).
    • Historic Santa Barbara building, originally constructed in 1903, rebuilt after the 1925 earthquake, and seismically upgraded in 1992.
    Property Profile Location Intelligence

    Current Use by Public Records

    H&M Clothing Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Pharmacy Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.70065
    Latitude
    34.420059

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    FAQs

    What type of property is this?
    Individual retail property - Prime State Street location, multiple units available.
    Where is this individual retail property located?
    The property is located at 827-833 State St Santa Barbara, CA.
    What is the lease rate?
    The lease rate is $0.00-$60 SF/Yr.
    What are key features of this property?
    This property features: 58,762 square foot mixed-use building at the corner of State and Canon Perdido Streets in Santa Barbara, CA.; Anchored by H&M (ground floor) and Cappello & Noel Law (2nd floor).; Historic Santa Barbara building, originally constructed in 1903, rebuilt after the 1925 earthquake, and seismically upgraded in 1992.
    Request Owner's contact information
    827-833 State St Santa Barbara, CA 93101
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    Santa Barbara, CA 93101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    827-833 State St Santa Barbara, CA 93101
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