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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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