215 Pueblo StSanta Barbara, CA 93105

Property Details for 215 Pueblo St

Lot size

0.14 AC

Property type

Office buildings

APN

025-181-032

APU

25181032

Description

This exceptional freestanding medical office building presents a rare investment opportunity in the heart of Santa Barbara, California. Located at 215 W Pueblo St, 93105, this property boasts 1,253 square feet of well-designed space, perfect for a medical practice seeking a convenient and established location. The building sits on a 6,098 square foot lot (APN: 025-181-032) and is zoned O-M, ensuring suitability for various medical uses. The functional layout includes multiple exam rooms and a welcoming reception area, creating an efficient and comfortable environment for both patients and staff. Three reserved parking spaces are provided for added convenience. The building is equipped with HVAC for climate control and includes one restroom. Its proximity to Cottage Hospital makes it an ideal location for medical professionals seeking high visibility and easy access to a major medical center. The asking price for this turnkey property is $1,495,000, representing a compelling investment opportunity in a highly desirable Santa Barbara medical corridor. This property is ready for immediate occupancy and presents a unique chance to own a thriving medical practice space in a prime location. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,818,977

  6.5%

  $1,679,055

  7%

  $1,559,123

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,159,596

  Geo Method

  $1,159,596

• Alternative Use

  Use

  Valuation

  Residential

  $2,082,029

  Hospitality

  $1,907,127

  Educational

  $1,586,707

  Medical

  $1,641,277

  Retail

  $2,468,211

Location Insight

City

Santa Barbara

County

Santa Barbara

State

California

Latitude

34.4311

Longitude

-119.721

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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