27-29 W Anapamu St
Santa Barbara, CA 93101
The Grayson Building · Property For Lease

The Grayson Building was built in 1985 and substantially upgraded in 2018-2019. The building features an elevator serving five floors and an inviting interior courtyard with a large fountain, overlooked by dramatic wraparound balconies. Renovations include new front and rear building facades, and most major physical systems have been replaced or upgraded. Its layout easily accommodates a larger company for its corporate headquarters, a smaller company to occupy a portion of the building and lease the rest, or an investor to purchase and tenant the suites and basement at market rents. Ideally located in the vibrant downtown arts and entertainment district. Offered for sale or for lease. PRICE: $7,950,000 ($471 PSF) Address: 29 W Anapamu St, Santa Barbara APN: 039-231-002 Size: Basement: 5,063 SF First Floor: 3,706 SF Second Floor: 4,263 SF Third Floor: 4,263 SF Fourth Floor: 1,481 SF Total: 18,776 SF For Lease: $2.55 NNN (.51) Site area: 6,678 SF (.15 acres) Year built: 1985, significant remodel in 2018/2019 Systems: CMU block wall construction, 1200 Amp electrical service, new tile roof, replaced HVAC, elevator modernized, bathrooms remodeled, new windows, new skylights, replaced drainpipes, structural improvements, courtyard resurfaced, new exterior stucco and paint, new balconies, and a new fountain. Building is being offered in its white shell condition awaiting the new owner or tenant buildout. Elevator: Yes, serving all floors including basement Sprinklers: Throughout Zoning: C-G (General Commercial) Parking: 100% Zone of Benefit. Four public parking lots and private parking lots available within one block. CSO: 2%