402 N Milpas St | Santa Barbara, CA 93103
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
This Retail Property is no longer advertised on LoopNet.com.
402 N Milpas St
Santa Barbara, CA 93103
Starbucks | Santa Barbara, CA · Retail Property For Sale

Investment Highlights
- New Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Café
- Strategically-Located, Café-Only Location that Aligns with the Company’s Mission to Restore the Café Culture and Revive the Guest Experience
- High-Barriers-to-Entry Coastal Location: Rare Santa Barbara real estate with long-term appreciation value
- New 10-Year Lease
- To Reinvigorate the Experience, Starbucks is Testing a New Store Model That Considers Expanded Seating Options Catering to Work and Socialization
- High-Traffic Location and Phenomenal Walk Score: 36,000 cars per day at N Milpas Street and E Gutierrez Street and walk score of 94 out of 100
Property Facts
Property Type
Retail
Building Size
2,149 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.26 AC
Zoning
C2 - Commercial
Parking
15 Spaces (6.98 Spaces per 1,000 SF Leased)
Frontage
- 100’ on Milpas St
- 112’ on E Gutierrez St
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Links
Property Taxes
| Parcel Number | 031-311-027 | Improvements Assessment | $882,300 |
| Land Assessment | $1,530,000 | Total Assessment | $2,412,300 |
Property Taxes
Parcel Number
031-311-027
Land Assessment
$1,530,000
Improvements Assessment
$882,300
Total Assessment
$2,412,300
Listing ID: 35847571
Date on Market: 5/13/2025
Last Updated:
Address: 402 N Milpas St, Santa Barbara, CA 93103
The Lower East Retail Property at 402 N Milpas St, Santa Barbara, CA 93103 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
NEARBY LISTINGS
- 12 W Gutierrez St, Santa Barbara CA
- 3609-3617 State St, Santa Barbara CA
- 21-23 W Anapamu St, Santa Barbara CA
- 2700 De La Vina St, Santa Barbara CA
- 3761 State St, Santa Barbara CA
- 525 Anacapa St, Santa Barbara CA
- 630 Chapala St, Santa Barbara CA
- 429 State St, Santa Barbara CA
- 622 State St, Santa Barbara CA
- 532 State St, Santa Barbara CA
- 791 Chapala St, Santa Barbara CA
- 428 State St, Santa Barbara CA
- 315 Meigs Rd, Santa Barbara CA
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map

Link copied
Your LoopNet account has been created!
Thank you for your feedback.
Please Share Your Feedback
We welcome any feedback on how we can improve LoopNet to better serve your needs.X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.