411 Canon Perdido StSanta Barbara, CA 93101

Property Details for 411 Canon Perdido St

Lot size

1.06 AC

Property type

Office properties

Property subtype

Office buildings

APN

029-302-017

APU

29302017

Description

This exceptional office opportunity presents two available suites within a desirable Santa Barbara location at 411 E Canon Perdido St, Santa Barbara, CA 93101. The property, identified by APN 029-302-017 in Santa Barbara County, offers flexible space ranging from 880 to a maximum contiguous 2,785 square feet. Ideal for businesses seeking a professional office environment, the suites are situated just blocks from the vibrant Santa Barbara Business District and the renowned State Street retail corridor, providing easy access to a wealth of shops and restaurants. A significant advantage is the generous parking available on the property, a rare find in this central location. Each suite is equipped with HVAC systems for climate control and shares access to a convenient common kitchenette. The property type is classified as a Professional Office with multiple tenancies. This is a unique chance to secure a well-located, functional office space in the heart of Santa Barbara. The cross street is Laguna St.

• CAP approach

  CAP return

  Valuation

  6%

  $13,774,558

  6.5%

  $12,714,976

  7%

  $11,806,764

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,780,258

  Geo Method

  $8,780,258

• Alternative Use

  Use

  Valuation

  Residential

  $15,766,571

  Hospitality

  $14,442,094

  Educational

  $12,015,653

  Medical

  $12,428,889

  Retail

  $18,691,016

Location Insight

City

Santa Barbara

County

Santa Barbara

State

California

Latitude

34.4255

Longitude

-119.696

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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