3757 State St - Office FOR SALE


Santa Barbara, CA 93105
$9,950,000 USD
805-886-9144
3757 State St, Santa Barbara, CA for Sale
$9,950,000 USD
Office - FOR SALE
1/34
null | Request Cap Rate

3757 State St
Santa Barbara, CA 93105


HIGHLIGHTS

  • PRICE REDUCED: NOW OFFERED AT $9,550,000 · 6.7% 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

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 details.

FOR SALE DETAILS

PRICE

$9,950,000 USD

PRICE/SF

$510 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PRICE REDUCTION NNN Investment Class A Bldg

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

C-R/USS

APN/PARCEL ID

051-040-046

ASK ABOUT THIS PROPERTY

Gene DeeringRadius Commercial Real EstateMore Info
805-886-9144

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Gene DeeringRadius Commercial Real EstateMore Info
805-886-9144

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