600 Chapala St Santa Barbara, CA 93101
- Office buildings
- 0.21 lot acres
Current Use by Public Records
- Real Advantage Business Solutions / Association / Organization
Property Details for 600 Chapala St
- Lot size
- 0.21 lot acres
- Property type
- Office buildings
- APN
- 037-131-019
- APU
- 37131019
Description
Two exceptional Santa Barbara commercial buildings, located at 600 and 614 Chapala Street, are available for lease. These properties, situated at the highly trafficked intersection of Cota and Chapala Streets in the heart of downtown, offer a combined 33,836 square feet of space. One building is configured as office/retail, while the other is an office/warehouse. Both are available separately or together, presenting a unique opportunity for businesses seeking flexible and high-quality space. The buildings boast state-of-the-art buildouts, including high ceilings, roll-up and tilting doors, and premium finishes and fixtures. Two private lots provide ample parking for tenants and visitors. Recent and ongoing improvements include new HVAC units, roof replacements, and resealed parking lots, ensuring the properties are well-maintained and energy-efficient. This prime location benefits from proximity to major ongoing developments, including the transformation of Paseo Nuevo Mall into 450 residential units, promising increased foot traffic and a vibrant surrounding environment. Available spaces range from 6,619 to 27,217 square feet, catering to a variety of business needs. The properties are considered among the finest in downtown Santa Barbara, offering a prestigious address and exceptional amenities. Santa Barbara County location and 93101 zip code.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,420,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,470,000
- 6.5%
- $4,040,000
- 7%
- $4,375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,680,000
- Geo Method
- $4,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,055,000
- Retail
- $5,250,000
- Mixed-Use
- $4,070,000
- Hospitality
- $3,945,000
- Educational
- $4,610,000
- Residential Income
- $4,585,000
- Energy
- $4,275,000
- Income-Based Land
- $4,910,000
- Food Service
- $4,275,000
Location Insight
- Map
- Local Demand
- City
- Santa Barbara
- County
- Santa Barbara
- State
- California
- Longitude
- -119.698
- Latitude
- 34.417
- CBSA code
- 42200
- CBSA name
- SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
