1046 Coast Village Rd Santa Barbara, CA 93108
This exceptional 1,296 square foot retail space is located within the highly sought-after Coast Village Walk Shopping Center in Montecito, California. Situated at 1046 Coast Village Road, near Hot Springs Road (APN 009-211-012), this Class A property is part of a larger 13,791 square foot building offering multiple tenancies. Currently occupied by a short-term tenant, the space will be available January 31, 2025. The unit boasts a private restroom and office, and is ideally suited for retail use, featuring full HVAC, newer plank flooring, track lighting, and excellent storefront visibility. The space is already well-equipped for retail operations. Landlord is open to considering tenant improvements for alternative uses. Fire sprinkler infrastructure is in place for easy installation if needed. This prime location offers convenient freeway access and ample parking, serving both Montecito and Santa Barbara communities. The shopping center enjoys a vibrant mix of high-quality tenants. This is a remarkable opportunity to establish a presence in one of Montecito's premier shopping destinations. Please inquire for further details. Do not disturb the current tenant.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.