Advertise
    Santa Barbara, CA
    Strip Mall

    Santa Barbara, CA Strip Malls for Sale

    Notify Me
    List
    Map
    Isla Vista, CA Goleta, CA Solvang, CA Santa Ynez, CA Buellton, CA Los Olivos, CA Lompoc, CA Montecito, CA
    Retail Portfolio on Milpas Street
    Updated: Nov 22, 2022
    Retail Portfolio on Milpas Street

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

    $3,500,000
    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

    This listing looks promising.

    Here's a quick look at some key insights for

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

    View Property Analytics

    • Est. Cap Rate

      3.6%
      NOI ÷ price

    • Est. NOI

      $127K
      Annual

    • Price @ 7% Cap

      $1.81M
      Suggested
    View Property Analytics
    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.

    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
    Strip Retail Center For Sale
    Strip Retail Center For Sale

    3412 Ming Avenue, Bakersfield, CA 93309

    $17,040,000
    83,998 sqft

    Retail strip center available for sale in Bakersfield, suited for operators seeking storefront-oriented leasing.

    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
    Bakersfield NNN Investment Property
    Bakersfield NNN Investment Property

    3505 Coffee Road, Bakersfield, CA 93308

    $3,370,000
    5,832 sqft 0.64 AC lot

    NNN investment property featuring three franchise tenants in Bakersfield.

    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.

    Land
    Land

    14879 Monarch, Victorville, CA 92395

    $745,000

    Commercial land

    View details
    Commercial Land Parcel with Dual Access
    Commercial Land Parcel with Dual Access

    Highway 74, Perris, CA 92570

    $695,000
    2.63 AC lot

    2.63-acre CR-zoned parcel on State Highway 74 with dual ingress/egress via Taylor Rd.

    View details
    Vacant Commercial Development Lot
    Vacant Commercial Development Lot

    704 N Fresno Street, Fresno, CA 93701

    $199,900
    0.34 AC lot

    Vacant commercial lot near Fresno Community Regional Medical Center and Hwy 41/Tulare Ave exit.

    View details
    Flamingo Heights Commercial Land Opportunity
    Flamingo Heights Commercial Land Opportunity

    205 Old Woman Springs Rd, Yucca Valley, CA 92284

    $95,000
    1.66 AC lot

    1.66 acres of commercially zoned land with highway visibility.

    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

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

    3917 State St, Santa Barbara, CA 93105

    $7,900,000
    Estimated value
    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

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

    1801 Cabrillo Blvd, Santa Barbara, CA 93108-2836

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

    5110 Hollister Ave, Santa Barbara, CA 93111-2526

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

    2034 Clf Dr, Santa Barbara, CA 93109-1506

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

    202 Carrillo St, Santa Barbara, CA 93101

    $875,000
    Estimated value
    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

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

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

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

    3943 State St, Santa Barbara, CA 93105-3113

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

    3939 State St, Santa Barbara, CA 93105-3113

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

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

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

    1485 Vly Rd, Santa Barbara, CA 93108-1251

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

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

    Value Estimation by Request
    2.07 AC lot
    View details
    2010 Clf Dr
    SHOPPING CENTER, STRIP CENTER

    2010 Clf Dr, Santa Barbara, CA 93109-1506

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

    803 State St, Santa Barbara, CA 93101-3247

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

    1485 Vly Rd, Santa Barbara, CA 93108-1251

    Value Estimation by Request
    1.00 AC lot
    View details
    1470 Vly Rd
    SHOPPING CENTER, STRIP CENTER

    1470 Vly Rd, Santa Barbara, CA 93108-1220

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

    163 Tpke Rd, Santa Barbara, CA 93111-2208

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

    189 Tpke Rd, Santa Barbara, CA 93111-2208

    Value Estimation by Request
    0.82 AC lot
    View details
    3303 State St
    SHOPPING CENTER, STRIP CENTER

    3303 State St, Santa Barbara, CA 93105-2603

    Value Estimation by Request
    4.94 AC lot
    View details
    922 Quinientos St
    SHOPPING CENTER, STRIP CENTER

    922 Quinientos St, Santa Barbara, CA 93103

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

    3311 Mccaw Ave, Santa Barbara, CA 93105

    $510,000
    Estimated value
    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, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 14
    Storefront properties 6
    Automotive properties 4
    Auto shops 3

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Santa Barbara, CA

    Popular Categories

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!