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    Santa Barbara, CA Strip Malls for Sale

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    Goleta, CA Isla Vista, CA Solvang, CA
    Retail Portfolio on Milpas Street
    $3,500,000
    8,079 SF

    Retail Portfolio on Milpas Street

    826-836 N Milpas St (Portfolio), Santa Barbara, CA

    Three retail buildings for sale in Santa Barbara, California.

    • Rare opportunity to acquire 3 single‑story retail buildings.
    • 100% occupied, including a strip center, restaurant, and laundromat.
    • Strong upside potential for increased returns.
    • Below market rents offer immediate value‑add opportunity.
    • Below replacement cost acquisition.
    Updated: Nov 22, 2022
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    Based on your search, we've compiled 33 Potential Opportunities for your consideration. Besides 1 Active listings in Santa Barbara, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Los Angeles Commercial Corner Lot
    $2,300,000
    3,299 SF

    Los Angeles Commercial Corner Lot

    Income-producing property in a revitalizing transit-oriented development hotspot.

    4301 Crenshaw, Los Angeles, CA 90008
    View details
    Retail Strip Center For Sale
    Contact for pricing
    8,617 SF

    Retail Strip Center For Sale

    Retail strip center with repositioning opportunity in a prime location.

    Lawndale, CA 90260
    View details
    Northridge Retail Strip Center For Sale
    $7,972,076
    12,570 SF

    Northridge Retail Strip Center For Sale

    Stabilized multi-tenant strip center in a high-traffic Los Angeles location.

    9346 Corbin Ave, Los Angeles, CA 91324
    View details
    Retail Strip Center Investment Opportunity
    $3,495,000
    8,617 SF

    Retail Strip Center Investment Opportunity

    Retail strip center with repositioning potential in Lawndale, California.

    4513 Artesia Blvd, Lawndale, CA 90260
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    $750,000
    2.23 Acres

    Prime Commercial Land Opportunity

    2.2 acres of commercial land in high-visibility location.

    83 Jayne Ave, Coalinga, CA 93210
    View details
    Land
    $745,000

    Land

    Commercial land

    14879 Monarch, Victorville, CA 92395
    View details
    Perris Commercial Land on Highway 74
    $695,000
    114,563.00 Acres

    Perris Commercial Land on Highway 74

    2.63 acre commercial parcel with high visibility and dual access.

    0 Highway 74, Perris, CA 92570
    View details
    Vacant Lot Near Medical Center
    $199,900
    0.34 Acres

    Vacant Lot Near Medical Center

    Commercial land near Fresno Community Regional Medical Center and Hwy 41.

    704 N Fresno Street, Fresno, CA 93701
    View details

    Off-Market Properties in Santa Barbara, CA

    Consider similar Off-Market properties in Santa Barbara, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5198 Hollister Ave
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.41 Acres
    Estimated value
    $550,000

    5198 Hollister Ave, Santa Barbara, CA 93111

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    3917 State St
    SHOPPING CENTER, STRIP CENTER
    23,520 SF Lot: 0.96 Acres
    Estimated value
    $7,900,000

    3917 State St, Santa Barbara, CA 93105

    View details
    2840 De La Vina St
    SHOPPING CENTER, STRIP CENTER
    Lot: 2.10 Acres
    Estimated value
    $13,945,000

    2840 De La Vina St, Santa Barbara, CA 93105-3465

    View details
    1801 Cabrillo Blvd
    SHOPPING CENTER, STRIP CENTER
    Lot: 1.95 Acres
    Estimated value
    $19,475,000

    1801 Cabrillo Blvd, Santa Barbara, CA 93108-2836

    View details
    5110 Hollister Ave
    SHOPPING CENTER, STRIP CENTER
    109,624 SF Lot: 9.11 Acres
    Estimated value
    $13,820,000

    5110 Hollister Ave, Santa Barbara, CA 93111-2526

    View details
    2034 Clf Dr
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.24 Acres

    2034 Clf Dr, Santa Barbara, CA 93109-1506

    View details
    202 Carrillo St
    SHOPPING CENTER, STRIP CENTER
    Lot: 1.20 Acres
    Estimated value
    $875,000

    202 Carrillo St, Santa Barbara, CA 93101

    View details
    2830 De La Vina St
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.92 Acres
    Estimated value
    $625,000

    2830 De La Vina St, Santa Barbara, CA 93105-3457

    View details
    516 San Ysidro Rd
    SHOPPING CENTER, STRIP CENTER
    14,427 SF Lot: 0.69 Acres
    Estimated value
    $2,085,000

    516 San Ysidro Rd, Santa Barbara, CA 93108-2125

    View details
    3943 State St
    SHOPPING CENTER, STRIP CENTER
    Lot: 10.48 Acres

    3943 State St, Santa Barbara, CA 93105-3113

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    3939 State St
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.43 Acres
    Estimated value
    $760,000

    3939 State St, Santa Barbara, CA 93105-3113

    View details
    1501 San Andres St
    SHOPPING CENTER, STRIP CENTER
    Lot: 1.00 Acre
    Estimated value
    $615,000

    1501 San Andres St, Santa Barbara, CA 93101-4103

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    1485 Vly Rd
    SHOPPING CENTER, STRIP CENTER
    Lot: 1.00 Acre
    Estimated value
    $605,000

    1485 Vly Rd, Santa Barbara, CA 93108-1251

    View details
    1014 Coast Vlg Rd
    SHOPPING CENTER, STRIP CENTER
    Lot: 2.07 Acres
    Value Estimation by Request

    1014 Coast Vlg Rd, Santa Barbara, CA 93108-0725

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    2010 Clf Dr
    SHOPPING CENTER, STRIP CENTER
    Lot: 4.32 Acres

    2010 Clf Dr, Santa Barbara, CA 93109-1506

    View details
    803 State St
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.51 Acres

    803 State St, Santa Barbara, CA 93101-3247

    View details
    1485 Vly Rd
    SHOPPING CENTER, STRIP CENTER
    Lot: 1.00 Acre
    Value Estimation by Request

    1485 Vly Rd, Santa Barbara, CA 93108-1251

    View details
    1470 Vly Rd
    SHOPPING CENTER, STRIP CENTER
    56,255 SF Lot: 3.34 Acres
    Estimated value
    $7,375,000

    1470 Vly Rd, Santa Barbara, CA 93108-1220

    View details
    163 Tpke Rd
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.93 Acres
    Estimated value
    $600,000

    163 Tpke Rd, Santa Barbara, CA 93111-2208

    View details
    189 Tpke Rd
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.82 Acres
    Value Estimation by Request

    189 Tpke Rd, Santa Barbara, CA 93111-2208

    View details
    3303 State St
    SHOPPING CENTER, STRIP CENTER
    Lot: 4.94 Acres
    Value Estimation by Request

    3303 State St, Santa Barbara, CA 93105-2603

    View details
    922 Quinientos St
    SHOPPING CENTER, STRIP CENTER
    Lot: 2.87 Acres
    Estimated value
    $900,000

    922 Quinientos St, Santa Barbara, CA 93103

    View details
    3311 Mccaw Ave
    SHOPPING CENTER, STRIP CENTER
    Lot: 4.13 Acres
    Estimated value
    $510,000

    3311 Mccaw Ave, Santa Barbara, CA 93105

    View details

    Santa Barbara, CA Strip Malls Investment Opportunities Market Analysis

    Explore 25 strip malls for sale in Santa Barbara, CA on our real estate platform. These investment opportunities span a total of 8,079 square feet of properties for sale, with an estimated market value of $3,500,000.

    Sale prices for retail strips in Santa Barbara, CA start at $3,500,000, averaging $3,500,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Shopping centers 15
    Storefront properties 4
    Automotive properties 3
    Auto shops 1
    Grocery and convenience stores 1

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Barbara fall within the 2,500 to 5,000 square foot range.

    Demographics Overview

    Population 191K
    Population Growth (5Y) -2.4%
    Median Household Income $112,487
    College Educated 34.5%

    Taxes & Financing

    Tax Rate (average for all types) 0.98%
    Property Tax per SF $14.13 per sq ft
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

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