614 Santa Barbara StSanta Barbara, CA 93101

Property Details for 614 Santa Barbara St

Year built

1969

Lot size

0.24 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

031-152-026

APU

31152026

Description

This exceptional office space, located at 614 Santa Barbara Street in Santa Barbara, California (93101), offers a fantastic opportunity for businesses seeking a vibrant downtown location. The property, zoned MC, features a traditional office layout with high ceilings and the convenience of private restrooms. The available space consists of Suites B1 and B2, totaling between 1,014 and 1,129 square feet, and can be leased separately or combined to accommodate various business needs. The minimum divisible space is 1,014 square feet. Secure gated parking is provided for added convenience. This exceptional location boasts unparalleled access to amenities and transportation. It's just two blocks from the bustling State Street, with its diverse shops and restaurants, three blocks from US 101 for easy freeway access, and a relaxing six-block stroll to the beach. The property's APN is 031-152-026, and its cross street is Ortega Street. This is a multi-tenant building offering a blend of convenience, prestige, and accessibility. Don't miss this chance to establish your business in the heart of Santa Barbara.

• CAP approach

  CAP return

  Valuation

  6%

  $3,867,252

  6.5%

  $3,569,771

  7%

  $3,314,787

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,081,296

  Geo Method

  $3,081,296

• Alternative Use

  Use

  Valuation

  Residential

  $3,569,771

  Hospitality

  $3,269,891

  Educational

  $2,720,511

  Medical

  $2,814,073

  Retail

  $4,231,906

Location Insight

City

Santa Barbara

County

Santa Barbara

State

California

Latitude

34.4206

Longitude

-119.695

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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