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    FOR LEASE
    Office buildings

    600 Chapala St, Santa Barbara, CA 93101

    0.21 ac lot
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-0661202
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.21 ac (9,147 SF)
    APN 037-131-019
    UPID US09-0661202
    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
    Current use
    Occupant on record · Public records
    • Real Advantage Business Solutions Association / Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $5.48M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.90M
    Owner & transaction history
    Campania LLC · 3 yrs held
    Campania LLC
    since 2023
    Last sale
    $4.4M
    7 recorded transactions
    2023
    $4.4M
    2017
    2016
    $3.1M
    2000
    1996
    1996
    $561,500
    1995
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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