1014 Santa Barbara StSanta Barbara, CA 93101

  • Retail properties
  • 1,144 SF
For Lease
$31.20/SF/YR View listing

Property Details for 1014 Santa Barbara St

Lot size
0.28 AC
Property size (Sq ft)
1,144 SF
Property type
Retail properties
Property subtype
Retail space
APN
029-212-025
APU
29212025

Description

This exceptional 7,234 square foot office space occupies the entire third floor of a four-story building located at 1014 Santa Barbara Street, Santa Barbara, CA 93101. The property, identified by APN 029-212-025 in Santa Barbara County, offers a blend of private offices and open work areas, catering to diverse business needs. The space includes private restrooms and ample storage, complemented by a large outdoor patio – a rare find in a downtown setting. The building features one elevator and fourteen parking spaces for tenant convenience. This prime location is just one block from the County Courthouse and two blocks from State Street, placing your business in the heart of Santa Barbara's vibrant downtown core. Previously occupied by a major financial services firm for over two decades, this space reflects a history of stability and success. The property is designated as both Executive and Traditional Office space, offering flexibility for various business configurations. The multiple tenancy option allows for customization to suit your specific requirements. This is a unique opportunity to secure a substantial and well-appointed office space in a highly desirable location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $501,681
    6.5%
    $463,090
    7%
    $430,012
  • Comparable approach

    Method
    Valuation
    Relative Method
    $548,208
    Geo Method
    $548,208
  • Alternative Use

    Use
    Valuation
    Residential
    $390,634
    Hospitality
    $357,819
    Educational
    $297,701
    Medical
    $307,939
    Retail
    $463,090
1014 Santa Barbara St, Santa Barbara, California

Location Insight

City
Santa Barbara
County
Santa Barbara
State
California
Latitude
34.4242
Longitude
-119.7
CBSA code
42200
CBSA name
SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$72,603
$1,014,947
$5,847,093
$6,862,040
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FAQs

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