12 Carrillo StSanta Barbara, CA 93101

Property Details for 12 Carrillo St

Lot size

0.15 AC

Property type

Office properties

Property subtype

Office buildings

APN

039-322-045

APU

39322045

Description

This exceptional commercial property, located at 12 E Carrillo St, Santa Barbara, CA 93101, offers 9,134 square feet of versatile office and retail space. The building is zoned C-G (Commercial General) and features a traditional office subtype, perfect for a variety of businesses. Currently, there is a minimum of 3,797 square feet available for lease, with the potential to lease up to 5,337 square feet. The space boasts high ceilings and inviting storefront windows, ideal for creating a modern and attractive workspace or retail environment. Its strategic location at the intersection of Carrillo and State Streets in downtown Santa Barbara provides unparalleled visibility and accessibility. The property benefits from its proximity to the freeway and downtown transit center, ensuring convenient commuting for employees and clients. Ample parking is available in several nearby city lots, including one directly behind the building. This property presents a unique opportunity to establish a thriving business in the heart of Santa Barbara's vibrant downtown area, offering a blend of convenience, visibility, and flexible space to suit diverse business needs. The APN is 039-322-045. This is a multi-tenant building.

• CAP approach

  CAP return

  Valuation

  6%

  $1,949,240

  6.5%

  $1,799,299

  7%

  $1,670,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,242,506

  Geo Method

  $1,242,506

• Alternative Use

  Use

  Valuation

  Residential

  $2,231,130

  Hospitality

  $2,043,704

  Educational

  $1,700,337

  Medical

  $1,758,815

  Retail

  $2,644,969

Location Insight

City

Santa Barbara

County

Santa Barbara

State

California

Latitude

34.4217

Longitude

-119.701

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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