428 State St, Santa Barbara, CA 93101

2,485 SF | Retail Building | Santa Barbara, CA 93101 | $1,995,000 ($803/SF) | 4.52% Cap Rate

Asking Price $1,995,000

Property Type
Retail
Square Feet
2,485 SF
Price / Square Foot
$803

Listing Contacts

  • Property Info

Property Overview

100% leased single tenant mixed use investment property located in Santa Barbara's downtown core.
Property is leased to one tenant who occupies the upstairs 930 SF residential unit and the street level 1555 SF retail space.
The retail space is on a new 5 year lease, and is in beautiful, remodeled condition, and occupied by Venture Gear, a lifestyle clothing boutique founded in South Lake Tahoe.

Property Details

Class
B
Year Built
1925
Stories
2
Property Subtype
Storefront Retail/Residential, Storefront
Lot Size (sq. ft)
1,742 SF

Highlights

  • Rare Mixed Use - Retail/Residential Property in Santa Barbara Downtown Core.
  • Fully Leased Investment Property to one tenant.
  • Beautifully Remodeled Retail Space in excellent condition

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