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- LoopNet Team
1935 State St
Santa Barbara, CA 93101
ARCO · Retail Property For Sale
Investment Highlights
- Only 5 years left on Arco Supply Contract
- Net profit of approx. $300k/year
- located on a prestigious Signalized corner
Property Facts
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
About 1935 STATE ST , SANTA BARBARA, CA 93101
This gas station and convenience store has 8 Fueling position, a 1,800 SF Am/Pm store. Pumps are EMV upgraded. This station is strategically located at a busy intersection of State Street and Mission, which is considered the most prestigious commercial thoroughfare within all Santa Barbara and just a few blocks North of the 101 Freeway. High traffic count and easy in/out access with limited competition characterize this business and prime real estate location. 5 years left on Arco contract Station pumps over 90,000 gallons/mo. @ 30ct margin and Market does about $85,000 to $90,000 Arco now offers credit card and 30% of the business is now with credit card purchase 4 DWF underground tanks, 10k each Station has Beer and Wine license No contamination 2022 Sales and margin much better than 2021
Property Taxes
| Parcel Number | 025-371-007 | Improvements Assessment | $1,360,006 |
| Land Assessment | $1,675,044 | Total Assessment | $3,035,050 |
Property Taxes
