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    1187 1187 Rd Montecito, CA 93108
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    1187 1187 Rd, Montecito, CA 93108

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    • Commercial real estate
    • 898 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1187 1187 Rd

    Property type
    Commercial real estate

    Description

    This exceptional 898-square-foot commercial space is located in the highly desirable Coast Village Plaza in Montecito, California. Situated at 1187 Coast Village Road, Unit 3A, this property boasts outstanding visibility and abundant parking, key advantages in this premier location. Currently configured as a salon, the space is versatile and easily adaptable to a variety of retail uses. The unit benefits from a prime position facing the busy Coast Village Road, ensuring high foot traffic and excellent exposure to potential customers. The dynamic tenant mix within Coast Village Plaza includes established and well-regarded businesses such as Renaud's Bistro, Ca'Dario Restaurant, and several other popular local shops. This ensures a vibrant and attractive environment for your business. Adjacent tenants include Ca'Dario, Local, Renaud's Bistro, Waterhouse Gallery, Juice Ranch, The Tennis Shop, Richie's Barber Shop, Norvell Bass Cleaners, Re Studios, and UPS, providing a strong synergy and attracting a diverse clientele. The property is offered at $11 million and presents a unique opportunity to establish or expand your business in one of Montecito's most sought-after commercial locations. The space's current configuration as a salon provides a ready-made layout, but its adaptability allows for customization to suit various retail needs. This is a rare opportunity to secure a prominent space in a thriving commercial center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Montecito
    County
    Santa Barbara
    State
    California
    Longitude
    -119.645
    Latitude
    34.4208
    More about this property
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