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 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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