890 Linden AveCarpinteria, CA 93013

  • Investment properties
  • 0.16 AC
For Lease
$36/SF/YR View listing

Property Details for 890 Linden Ave

Lot size
0.16 AC
Property type
Investment properties
Property subtype
Retail residential properties
APN
003-263-015
APU
3263015

Description

This exceptional commercial property at 890 Linden Ave, Carpinteria, offers a unique opportunity to lease office or retail space in a vibrant downtown location. The building, totaling 8,480 square feet, features a variety of spaces to suit diverse business needs. Currently, there are multiple tenancies available, with a minimum divisible space of 420 square feet and a total of 1,887 square feet currently vacant. Second-floor office suites range from approximately 233 to 1,541 square feet, boasting high ceilings and abundant natural light. A shared kitchen and restrooms add convenience. Fiber optic service is in the process of being installed. Additionally, a ground-floor retail space of 1,020 square feet is available, showcasing high ceilings and prominent storefront glass windows on both the front and side of the building. The property is zoned CB and located in Santa Barbara County (APN: 005-121-005), conveniently situated near Wullbrandt Way. This property is ideal for businesses seeking a modern, well-lit, and conveniently located space in the heart of Carpinteria. The flexible space options cater to a range of business sizes and types, from executive offices to coworking spaces and creative studios. Don't miss this chance to establish your business in this desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,580,448
    6.5%
    $2,381,952
    7%
    $2,211,812
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,054,099
    Geo Method
    $2,054,099
  • Alternative Use

    Use
    Valuation
    Residential
    $2,381,952
    Hospitality
    $2,181,855
    Educational
    $1,815,278
    Medical
    $1,877,708
    Retail
    $2,823,765

Location Insight

City
Carpinteria
County
Santa Barbara
State
California
Latitude
34.3979
Longitude
-119.519
CBSA code
42200
CBSA name
SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$36,243
$1,020,000
$2,320,500
$3,340,500
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FAQs

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