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    Santa Barbara, CA Strip Malls for Sale

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    Retail Portfolio on Milpas Street
    Updated: Nov 22, 2022
    Retail Portfolio on Milpas Street

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

    Contact for pricing
    8,079 sqft 0.60 AC lot
    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.
    View details
    See hot listings in Santa Barbara

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 29 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

    Opportunities in Nearby Cities

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

    Renovated Multi-Tenant Investment Property
    Renovated Multi-Tenant Investment Property

    17734 Sierra Hwy, Santa Clarita, CA 91351

    $3,999,950
    12,960 sqft 0.58 AC lot

    94% occupied, renovated retail and office space for sale.

    View details
    Santa Maria Retail Investment Opportunity
    Santa Maria Retail Investment Opportunity

    508 W Main St, Santa Maria, CA 93458

    Contact for pricing
    9,122 sqft 0.33 AC lot

    100% occupied retail property with value-add potential in Santa Maria.

    View details
    Retail Space in Santa Clarita
    Retail Space in Santa Clarita

    27959 Seco Canyon Road, Santa Clarita, CA 91350

    Contact for pricing
    1,600 sqft

    Retail space available in a top-performing, anchored shopping center.

    View details
    Retail Strip Mall
    Retail Strip Mall

    550 E Betteravia Rd, Santa Maria, CA 93454

    Contact for pricing
    8,000 sqft

    Retail strip mall built in 2008 with PD-C2 planned development zoning and parking per city code.

    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

    5198 Hollister Ave, Santa Barbara, CA 93111

    Estimated value:
    $550,000
    0.41 AC lot
    View details
    3917 State St
    SHOPPING CENTER, STRIP CENTER

    3917 State St, Santa Barbara, CA 93105

    Estimated value:
    $7,900,000
    23,520 sqft 0.96 AC lot
    View details
    2840 De La Vina St
    SHOPPING CENTER, STRIP CENTER

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

    Estimated value:
    $13,945,000
    2.10 AC lot
    View details
    1801 Cabrillo Blvd
    SHOPPING CENTER, STRIP CENTER

    1801 Cabrillo Blvd, Santa Barbara, CA 93108-2836

    Estimated value:
    $19,475,000
    1.95 AC lot
    View details
    5110 Hollister Ave
    SHOPPING CENTER, STRIP CENTER

    5110 Hollister Ave, Santa Barbara, CA 93111-2526

    Estimated value:
    $13,820,000
    109,624 sqft 9.11 AC lot
    View details
    2034 Clf Dr
    SHOPPING CENTER, STRIP CENTER

    2034 Clf Dr, Santa Barbara, CA 93109-1506

    Estimated value:
    $510,000
    0.24 AC lot
    View details
    202 Carrillo St
    SHOPPING CENTER, STRIP CENTER

    202 Carrillo St, Santa Barbara, CA 93101

    Estimated value:
    $875,000
    1.20 AC lot
    View details
    2830 De La Vina St
    SHOPPING CENTER, STRIP CENTER

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

    Estimated value:
    $625,000
    0.92 AC lot
    View details
    516 San Ysidro Rd
    SHOPPING CENTER, STRIP CENTER

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

    Estimated value:
    $2,085,000
    14,427 sqft 0.69 AC lot
    View details
    3943 State St
    SHOPPING CENTER, STRIP CENTER

    3943 State St, Santa Barbara, CA 93105-3113

    Estimated value:
    $935,000
    10.48 AC lot
    View details
    3939 State St
    SHOPPING CENTER, STRIP CENTER

    3939 State St, Santa Barbara, CA 93105-3113

    Estimated value:
    $760,000
    0.43 AC lot
    View details
    1501 San Andres St
    SHOPPING CENTER, STRIP CENTER

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

    Estimated value:
    $615,000
    1.00 AC lot
    View details
    1485 Vly Rd
    SHOPPING CENTER, STRIP CENTER

    1485 Vly Rd, Santa Barbara, CA 93108-1251

    Estimated value:
    $605,000
    1.00 AC lot
    View details
    1014 Coast Vlg Rd
    SHOPPING CENTER, STRIP CENTER

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

    Estimated value:
    $490,000
    2.07 AC lot
    View details
    2010 Clf Dr
    SHOPPING CENTER, STRIP CENTER

    2010 Clf Dr, Santa Barbara, CA 93109-1506

    Estimated value:
    $950,000
    4.32 AC lot
    View details
    803 State St
    SHOPPING CENTER, STRIP CENTER

    803 State St, Santa Barbara, CA 93101-3247

    Estimated value:
    $950,000
    0.51 AC lot
    View details
    1485 Vly Rd
    SHOPPING CENTER, STRIP CENTER

    1485 Vly Rd, Santa Barbara, CA 93108-1251

    Estimated value:
    $480,000
    1.00 AC lot
    View details
    1470 Vly Rd
    SHOPPING CENTER, STRIP CENTER

    1470 Vly Rd, Santa Barbara, CA 93108-1220

    Estimated value:
    $7,375,000
    56,255 sqft 3.34 AC lot
    View details
    163 Tpke Rd
    SHOPPING CENTER, STRIP CENTER

    163 Tpke Rd, Santa Barbara, CA 93111-2208

    Estimated value:
    $600,000
    0.93 AC lot
    View details
    189 Tpke Rd
    SHOPPING CENTER, STRIP CENTER

    189 Tpke Rd, Santa Barbara, CA 93111-2208

    Estimated value:
    $480,000
    0.82 AC lot
    View details
    3303 State St
    SHOPPING CENTER, STRIP CENTER

    3303 State St, Santa Barbara, CA 93105-2603

    Estimated value:
    $475,000
    4.94 AC lot
    View details
    922 Quinientos St
    SHOPPING CENTER, STRIP CENTER

    922 Quinientos St, Santa Barbara, CA 93103

    Estimated value:
    $900,000
    2.87 AC lot
    View details
    3311 Mccaw Ave
    SHOPPING CENTER, STRIP CENTER

    3311 Mccaw Ave, Santa Barbara, CA 93105

    Estimated value:
    $510,000
    4.13 AC lot
    View details

    Santa Barbara, CA Strip Malls Market Trends and Statistics

    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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 15
    Shopping centers 7
    Automotive properties 4
    Auto shops 2
    Showrooms 1

    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 SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Barbara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

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

    How Realmo verifies these figures

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