Technical
Financial
Distress signals
Property profile

530 State St Santa Barbara, CA 93101

OFF-MARKET
Retail space
Property ID
US09-1334153
0.27 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 11,450± square foot storefront property, located on State Street's most vibrant block in Santa Barbara, CA (93101), presents a compelling investment opportunity. Priced at $4,175,000 ($365 psf), the property boasts a unique configuration with high ceilings and a roll-up door, offering supreme flexibility for a multitude of uses. The building features a natural division between a 4,000 square foot State Street facing retail space and a 7,000 square foot rear portion with exposed beams, high ceilings, and ground-level loading (16' x 9'). Ample parking is available in the adjacent city lot. The M-C zoning allows for a wide range of uses, including restaurant, retail, office, hotel, storage, and residential. The property's high-density housing overlay presents significant potential for value enhancement, expansion, or owner-occupancy. Its proximity to the Funk Zone and the coastline further enhances its appeal. The property sits on a 13,068 square foot lot (APN: 037-173-026) and includes sprinklers. Nearby establishments include Drift Hotel, Hotel Santa Barbara, Cost Plus World Market, and numerous restaurants and cafes. This is a rare chance to acquire a versatile property in a highly desirable and thriving location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.27 ac (11,761 SF)
APN 037-173-026
UPID US09-1334153

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

530 State St Santa Barbara, CA 93101-1602
Santa Barbara metro Census 900 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2025
Last sale
$3.6M
7 recorded transactions
2025
$3.6M
2025
Price N/A
2022
Price N/A
2022
Price N/A
2016
Price N/A
2015
Price N/A
2000
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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