8 Figueroa St Santa Barbara, CA 93101-3104
This exceptional mixed-use property, located at 8 E Figueroa St in the heart of downtown Santa Barbara, presents a rare opportunity. Situated on the highly visible corner of State and Figueroa Streets, this building boasts a prime location with exceptional foot traffic. The C-2 zoning allows for a variety of uses, currently configured as both retail and office space. The office component offers a full floor layout, ideal for a variety of businesses. Large windows throughout provide abundant natural light and excellent visibility to the bustling street life below. The building's strategic position ensures exposure to both local residents and the significant tourist population of Santa Barbara. Surrounded by restaurants, shops, and daily amenities, this property offers unparalleled convenience and accessibility. The multiple tenancy structure provides flexibility for various business needs. This is an ideal investment for those seeking a high-profile location in one of California's most desirable cities. The property is located in Santa Barbara County, CA, 93101.
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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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.