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    OFF-MARKET
    Industrial properties

    137 Quarantina St, Santa Barbara, CA 93103-3633

    0.04 ac lot
    Individually Owned 2-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-1316559
    Property summary
    AI-generated overview

    This exceptional 2,243-square-foot industrial condo for sale is ideally situated in Santa Barbara's Railroad Square, at 137 S Quarantina St, 93103, near Cacique St. The property boasts a single-tenant occupancy and offers a versatile layout perfect for a variety of businesses. High ceilings, ranging from 24 to 30 feet at their highest point, provide ample vertical space. A convenient roll-up door ensures easy loading and unloading of goods. The unit includes a functional warehouse area, a dedicated office space for administrative tasks, a practical kitchen, and a restroom complete with a shower, enhancing both convenience and employee comfort. Parking is readily available with three reserved spaces, supplemented by visitor parking. The property is powered by a robust 200-amp, 110/208 3-phase electrical system, capable of supporting various industrial operations. Its prime location offers easy access to the beach and US 101, providing excellent connectivity for transportation and logistics. The APN is 017-570-010. This is a rare opportunity to acquire a well-appointed industrial condo in a highly desirable Santa Barbara location.

    Property profile
    Verified
    Property type Industrial properties
    Use group CONDOMINIUMS (INDUSTRIAL)
    Lot 0.04 ac (1,742 SF)
    APN 017-570-010
    UPID US09-1316559
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Russell S Michealsen · 2 yrs held
    Russell S Michealsen
    since 2023
    4 recorded transactions
    2023
    2007
    2005
    2003
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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