100-102 E Haley St
Santa Barbara, CA 93101
Retail Property For Sale

Fully occupied, Mixed Use Investment Property at 5.23% cap rate!!! This downtown Santa Barbara property at the signalized intersection of Anacapa & Haley features 4 fully furnished 1 bdrm, 1 bath residential units located above 2 highly versatile commercial spaces consisting of approx. 1,100 SF each. The commercial units are occupied by solid tenants; Pedego Electric Bikes and Santa Barbara Shoe Repair, both with a good track record of success, and have significant lease term remaining on their leases. The building has recently been painted & each residential unit is beautifully updated to include noise reducing dual pane windows, refinished oak hardwood floors, & much more. These fully furnished apartments include kitchen appliances, flat screen televisions, & Apple TV® in 3 out 4 units. This property is located in the rapidly gentrifying East Haley Street area with 152 apt. units & 14,600 SF of commercial space under construction or approved w/in 1/2 mile radius. Ideally situated, 1 block to State Street and the up and coming craft beer trail, & close to the beach, Funk Zone & new La Entrada, 5 star Hotel Californian. Location Description: The 100 - 102 East Haley Street Apartments and Commercial Units are located within one block of State Street in downtown Santa Barbara with close proximity to the beach and the Funk Zone and just minutes from Santa Barbara City College. The walk score for this property is 98 for residential tenants and being on the corner of Haley and Anacapa Streets, the retail business enjoy high visibility and easy customer access with a large capacity city parking lot diagonally across the street.