3757 State St, Santa Barbara, CA 93105

18,783 SF | 97% Leased | Office Building | Santa Barbara, CA 93105 | $10,850,000 ($578/SF) | 6% Cap Rate

Asking Price $10,850,000

Property Type
Office
Square Feet
18,783 SF
Price / Square Foot
$578

Listing Contacts

  • Property Info

Property Overview

PRICE REDUCED! Distinguished freestanding corner office building located on upper State St. in Santa Barbara. This exceptional property presents an excellent opportunity to purchase a stabilized office asset, featuring two new long-term office tenants and Mechanics Bank within the retail/office suite on the first floor.
The interior boasts abundant natural light, courtesy of large windows offering stunning mountain views. Flexible floor plans accommodate private offices, conference rooms and kitchenettes, ensuring a versatile and productive workspace.
The building offers convenient onsite parking and is adjacent to Whole Foods. It is also within walking distance to various eateries and a plethora of upper State Street amenities, making it an ideal location for both employees and clients. Contact listing agents for more information.

Property Details

Class
A
Year Built
1971
Stories
3
Lot Size (sq. ft)
53,579 SF

Highlights

  • PRICE REDUCED: NOW OFFERED AT $10,850,000 · 6.00% CAP RATE
  • Stabilized office asset with two long-term tenants plus Mechanics Bank occupying the 1st Flr Retail Suite
  • Flexible floor plans allow for a variety of tenants
  • Convenient onsite parking
  • Adjacent to Whole Foods Market plus walking distance to various eateries and North State Street amenities

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