532 State St - Restaurant FOR SALE


Santa Barbara, CA 93101- Lower State
$2,350,000 USD
805-689-2429
532 State St, Santa Barbara, CA for Sale
$2,350,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

532 State St
Santa Barbara, CA 93101
Lower State


HIGHLIGHTS

  • Excellent Downtown Santa Barbara Location with Balcony overlooking State St
  • Phenomental Upgraded Condition
  • Highly versatile building loaded with Charm and Character
  • Possible Residential Use Upstairs for a Live/Work situation

OVERVIEW

Fantastic downtown Santa Barbara quintessential Spanish Style commercial building for sale located in the heart of the 500 block of State St. Perfectly located across from Hotel Santa Barbara and close to the trendy Drift Hotel. This split level, highly versatile building is in beautifully upgraded condition with recessed lighting, new split HVAC units, stylish bathrooms, rear courtyard/patio, 12 foot ceilings on 1st floor and 8' ceilings on 2nd floor, and features a beautiful staircase with original iron work! The 1st floor is suitable for a variety of commercial uses, & the upstairs has the versatility of a myriad of uses, and is currently used as a lovely residential unit with skylight, upgraded full bathroom, and a wonderful balcony overlooking State St! A true gem!

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$839 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

M - C

APN/PARCEL ID

037-173-027,037-173-028

ASK ABOUT THIS PROPERTY

Mitchell StarkBerkshire Hathaway Commercial DivisionMore Info
805-689-2429

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Mitchell StarkBerkshire Hathaway Commercial DivisionMore Info
805-689-2429

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