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    Flexible Commercial Building
    Updated: Sep 19, 2025
    Flexible Commercial Building

    525 Anacapa St, Santa Barbara, CA 93101

    $4,350,000
    10,723 sqft
    Approximately 10,723 SF building for flexible use in Downtown Santa Barbara
    Year built: 1974
    Located in the heart of Downtown Santa Barbara, just steps from State Street
    Building offers a flexible platform for a wide range of uses, including owner‑user occupancy
    Listed as an adaptive re‑use conversion candidate based on building size and layout
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    This listing looks promising.

    Here's a quick look at some key insights for

    525 Anacapa St, Santa Barbara, CA

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $191K
      Annual

    • Price @ 7% Cap

      $2.73M
      Suggested

    • Last Sold

      Jun 2023
      $5.3M
    View Property Analytics
    Four-Unit Office Building
    Updated: Jul 16
    Four-Unit Office Building

    928 Garden St, Santa Barbara, CA 93101

    $1,890,000
    2,280 sqft
    Four‑unit office building totaling approximately 2,280 SF
    Built in 1962 with Monterey Colonial‑style architecture
    Each unit includes a bathroom; central HVAC serves the building
    Upper suites feature large decks with mountain and Riviera views
    Ground‑floor spaces have Garden St front doors and signage
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    Two-Story Office Building
    Two-Story Office Building

    125 E Victoria St, Santa Barbara, CA 93101

    $5,750,000
    8,564 sqft

    Wood-frame and stucco construction places this property within downtown Santa Barbara’s arts and theater district.

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    Medical Office Condo with Elevator
    Medical Office Condo with Elevator

    203-504 W Pueblo St, Santa Barbara, CA 93105

    $799,000
    780 sqft

    Second-floor medical suite with elevator access, waiting and three exam rooms, plus prep room and ADA restroom.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Unit Office Condo
    Three-Unit Office Condo

    110-5290 Overpass Road, Santa Barbara, CA 93111

    $455,000
    1,114 sqft

    Second-floor elevator access serves three separately entered office units in a multi-tenant setting.

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    Office Building
    Office Building

    111 E Victoria St, Santa Barbara, CA 93101

    Contact for pricing
    8,564 sqft

    Standalone office property offering 8,564 square feet of commercial space.

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    Corner Ground-Floor Office Suite
    Corner Ground-Floor Office Suite

    101-55 Hitchcock Way, Santa Barbara, CA 93105

    Contact for pricing
    1,570 sqft

    Office space positioned across from the YMCA with convenient access to nearby retail centers and Highway 101.

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    Medical Office Suite with Elevator Access
    Medical Office Suite with Elevator Access

    504 W Pueblo St Ste 201, Santa Barbara, CA 93105

    Contact for pricing
    1,407 sqft

    Second-floor clinical workspace with reception, exam rooms, lab, storage, restrooms, and break room.

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    Ground-Floor Office Unit
    Ground-Floor Office Unit

    101 W Anapamu St Unit A, Santa Barbara, CA 93101

    Contact for pricing
    1,450 sqft

    Class A office condominium with reserved parking and a practical multi-room layout.

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    Remodeled First-Floor Office Unit
    Remodeled First-Floor Office Unit

    3938 State St, Santa Barbara, CA 93105

    Contact for pricing
    4,100 sqft

    Remodeled first-floor office suite with substantial parking, signage, and nearby shopping and dining.

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    Office Unit with Private Offices
    Office Unit with Private Offices

    3-220 W Canon Perdido St, Santa Barbara, CA 93101

    Contact for pricing
    1,141 sqft

    Efficient layout combines an open work area with private offices and an exclusive on-site parking lot.

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    Two-Story Office & Flex Suites
    Two-Story Office & Flex Suites

    614 Santa Barbara Street, Santa Barbara, CA 93101

    Contact for pricing
    3,029 sqft

    Two available suites in a two-story building with high ceilings, private restrooms, HVAC, and gated parking.

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    Flex Space with Dock Loading
    Flex Space with Dock Loading

    415 N Salsipuedes St, Santa Barbara, CA 93103

    Contact for pricing
    14,368 sqft

    Downtown commercial building combines warehouse functionality with office space and an on-site parking lot.

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    Industrial Office Condo with Parking
    Industrial Office Condo with Parking

    122 Powers Ave, Santa Barbara, CA 93103

    Contact for pricing
    2,000 sqft

    Two-level M-I zoned condo includes office and industrial space with high ceilings, plus two assigned parking spaces.

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    Historic Multi-Floor Office Building
    Historic Multi-Floor Office Building

    924 Anacapa St, Santa Barbara, CA 93101

    Contact for pricing
    1,301 sqft

    Character-rich office property with patio options and outlooks toward downtown, the Riviera, and the ocean.

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    Office Suite with Two Private Offices
    Office Suite with Two Private Offices

    105-1525 State Street, Santa Barbara, CA 93101

    Contact for pricing
    430 sqft

    Efficient suite features two private offices and relies on plentiful street parking for visitor convenience.

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    Office Units with On-Site Parking
    Office Units with On-Site Parking

    120 E De La Guerra St, Santa Barbara, CA 93101

    Contact for pricing
    1,399 sqft

    Ground-floor office suites feature natural light, HVAC, signage opportunities, and walkable access to downtown amenities.

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    Flex Building with Roll-Up Doors
    Flex Building with Roll-Up Doors

    333 E Haley St, Santa Barbara, CA 93101

    Contact for pricing
    5,500 sqft

    Renovated flex building features glass-pane roll-up doors, polished concrete floors, and three divisible, climate-controlled units.

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    Office Suite with Open Floor Plan
    Office Suite with Open Floor Plan

    99-1525 State St, Santa Barbara, CA 93101

    Contact for pricing
    325 sqft

    Office-only suite featuring an open layout and abundant natural light in Santa Barbara’s State Street corridor.

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    Two-Floor Office Units
    Two-Floor Office Units

    28 W Figueroa St, Santa Barbara, CA 93101

    Contact for pricing
    5,008 sqft

    Recently constructed commercial space offers separate or combined occupancy across office and retail layouts.

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    Remodeled Office Units with Lab Space
    Remodeled Office Units with Lab Space

    120 Cremona Dr Unit 240 & 260, Santa Barbara, CA 93117

    Contact for pricing
    5,267 sqft

    Two office suites provide laboratory areas, private offices, and shared workplace amenities within a professional business campus.

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    Flex Space with Office
    Flex Space with Office

    3030 State St Unit B, Santa Barbara, CA 93105

    Contact for pricing
    2,660 sqft

    Flexible commercial facility combining open-bay space, attached offices, storage, and secured on-site parking.

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    Office Unit with Open Workspace
    Office Unit with Open Workspace

    25 W Anapamu St, Santa Barbara, CA 93101

    Contact for pricing
    5,274 sqft

    Efficient commercial layout includes private offices, collaborative work areas, a conference room, storage, and a kitchenette.

    View details
    Medical Condo in Alamar Center
    Medical Condo in Alamar Center

    2780 State St, Santa Barbara, CA 93105

    Contact for pricing
    1,728 sqft

    Improved medical condo for sale in Santa Barbara, California.

    View details

    Santa Barbara, CA Office Spaces Market Trends and Statistics

    Explore 72 office spaces for sale in Santa Barbara, CA, showcased through 65 active listings on our real estate platform. These investment opportunities span a total of 173,984 square feet of properties for sale, with an estimated market value of $17,934,000.

    Sale prices for office spaces in Santa Barbara, CA start at $455,000, averaging $2,562,000, and reaching up to $5,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 116
    Office buildings 27
    Medical Office Space 7
    Creative space 6
    Coworking space 2

    Demographics Overview

    Population 191K
    Population Growth (5Y) -2.4%
    Median Household Income $112,487
    College Educated 34.5%

    High-Yield Neighborhoods for Investment

    Identify Santa Barbara submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93105 $799K
    93103 $1.3M
    93101 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.98%
    Property Tax per SF $14.13 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Barbara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Barbara fall within the 10,000 to 25,000 square foot range.

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    • 93105
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