530 State St
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530 State St
11,450 SF Vacant Retail Building Santa Barbara, CA 93101 For Sale
Investment Highlights
- Short distances to the red-hot Funk Zone and the highly desirable coastline
Executive Summary
EXCELLENT LOCATION... Centrally located on State Street in a vital position on its most vibrant block this highly visible building offers high ceilings, a unique configuration and roll-up door allowing a multitude of uses and ample parking in the adjacent City lot. In addition, its high-density housing overlay provides investors, developers or owner/users with immense opportunity to add significant value, develop additional square footage or housing, or owner occupancy. Short distances to the red-hot Funk Zone and the highly desirable coastline give this property widespread appeal.
...WITH VERSATILITY The property offers supreme flexibility for a new owner, with a natural dividing line between the front and rear portions of the building. The 4,000 SF facing State Street features good retail frontage on the shady side of the street while the 7,000 SF rear portion opens into a exposed-beam high-ceiling space with loading options and easy access to the adjacent city parking lot . A wealth of possibility for retail, office, restaurant, or light industrial uses.
Price: $4,175,000 ($365 psf)
Building Size: 11,450 SF
Land Area: 11,761 SF
Zoning: M-C
APN 037-173-026
Parking: Adjacent to City Lot
Zone of Benefit: 100%
Allowable Uses: Restaurant, retail, office, hotel,
storage, residential
Sprinklers: Yes
Loading: Ground Level, 16’ x 9’
...WITH VERSATILITY The property offers supreme flexibility for a new owner, with a natural dividing line between the front and rear portions of the building. The 4,000 SF facing State Street features good retail frontage on the shady side of the street while the 7,000 SF rear portion opens into a exposed-beam high-ceiling space with loading options and easy access to the adjacent city parking lot . A wealth of possibility for retail, office, restaurant, or light industrial uses.
Price: $4,175,000 ($365 psf)
Building Size: 11,450 SF
Land Area: 11,761 SF
Zoning: M-C
APN 037-173-026
Parking: Adjacent to City Lot
Zone of Benefit: 100%
Allowable Uses: Restaurant, retail, office, hotel,
storage, residential
Sprinklers: Yes
Loading: Ground Level, 16’ x 9’
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,450 SF
Building Class
C
Year Built
2000
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.97
Lot Size
0.27 AC
Zoning
M-C
Parking
186 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
30 ft on State St
Amenities
- Signage
- Air Conditioning
Walk Score ®
Walker's Paradise (98)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 037-173-026 | Improvements Assessment | £92,083 |
| Land Assessment | £95,576 | Total Assessment | £187,659 |
PROPERTY TAXES
Parcel Number
037-173-026
Land Assessment
£95,576
Improvements Assessment
£92,083
Total Assessment
£187,659
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530 State St
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