132 Santa Barbara St - Warehouse FOR SALE


Santa Barbara, CA 93101
$7,475,000 USD
805-455-6891
132 Santa Barbara St, Santa Barbara, CA for Sale
$7,475,000 USD
Warehouse - FOR SALE
1/16
null | Request Cap Rate

132 Santa Barbara St
Santa Barbara, CA 93101


HIGHLIGHTS

  • OFFERED AT $7,475,000 / PPSF $748/SF
  • Celing Height: 14'5" to Truss; Private Restrooms
  • Roll-Up Doors: 2 (Behind storefront glass)
  • Parking: 10 Surface Spaces · Includes 1 ADA (Buyer to confirm permitted spaces)
  • Located in the heart of Santa Barbara's vibrant Funk Zone district
  • Just a few short blocks from the beach; adjacent to two major developments: short walk to 121-key Hotel Californian

OVERVIEW

Increasingly rare opportunity to acquire a Main & Main commercial property in The Funk Zone, Santa Barbara’s premier destination for visitors & locals. Surrounded by dozens of pedestrian oriented businesses and just a few short blocks from the beach, this standalone Main & Main corner building presents an increasingly rare opportunity to acquire an unrivaled location in the heart of Santa Barbara’s vibrant, bustling Funk Zone. The approx. 10,000 SF commercial building enjoys prominent visibility and is well positioned for uses that coincide with the eclectic mix of restaurants, wineries, breweries, art galleries, condos and skilled craft makers that have ignited this popular neighborhood. The property is strategically situated a short walk from the new Hotel Californian—the 121-key luxury hotel that has been a major boost to this prime waterfront district—and sits adjacent to two major hotel and commercial developments that will bring even more excitement to the immediate vicinity. PLEASE NOTE: The building was previously approved to allow a change of use from warehouse to a furniture store, which is considered a legal nonconforming use. For further information regarding current zoning/occupancy and potential future uses, contact Listing Agents for the Land Use Analysis completed July 13, 2023 by DMI consulting.

FOR SALE DETAILS

PRICE

$7,475,000 USD

PRICE/SF

$748 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Main & Main Property in the Funk Zone

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.37

LAND SF

16,117

ZONING

O-C / S-D-3

APN/PARCEL ID

017-022-009

ASK ABOUT THIS PROPERTY

Paul GamberdellaRadius Commercial Real EstateMore Info
805-455-6891

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Paul GamberdellaRadius Commercial Real EstateMore Info
805-455-6891

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.