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$ 975,000
Est. payment /mo
Active
1525 State ST Street Santa Barbara, CA 93101
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-3001
Property Sub-Type Commercial
Source Santa Barbara Multiple Listing Service
Property Description
Attractive investment offering in a prime Santa Barbara location. Suite 102 comprises
2,691 usable square feet and is fully leased through July 31, 2027, providing steady income with a strong 7.00% cap rate. The space features a versatile open layout with private offices, a kitchenette, private and common restrooms, and both an exterior entrance and interior access via a shared hallway. Well maintained and thoughtfully designed, this suite appeals to a wide range of professional tenants. Upon lease expiration, the property offers excellent flexibility for owner-user occupancy or continued investment hold.
2,691 usable square feet and is fully leased through July 31, 2027, providing steady income with a strong 7.00% cap rate. The space features a versatile open layout with private offices, a kitchenette, private and common restrooms, and both an exterior entrance and interior access via a shared hallway. Well maintained and thoughtfully designed, this suite appeals to a wide range of professional tenants. Upon lease expiration, the property offers excellent flexibility for owner-user occupancy or continued investment hold.
Location
State CA
County Santa Barbara
Others
Tax ID 027-570-007
Listed by Radius Group Commercial R.E.
