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407 State St
Santa Barbara, CA 93101
Retail Property For Sale
Executive Summary
Rarely available commercial/residential mixed-use property in the heart of downtown Santa Barbara, comprised of a ±2,464 SF two-story commercial building fronting State Street and a separate 3BD/3BA residence designed by prominent Santa Barbara architect Jeff Shelton.
The commercial building offers established rental income and flexible potential use with M-C (Manufacturing Commercial) zoning. Configured as two retail suites, one on each level, with long-term tenants — Above & Beyond Body Arts and Golden Eagle Tattoo — both having more than 15 years of occupancy at the property.
Ideally positioned on State Street near the Funk Zone, four blocks from the beach, and surrounded by premium dining, shopping, hotels, and cultural amenities, 407 State Street presents a rare opportunity to acquire one of Santa Barbara’s most distinctive architectural properties.
Price $4,999,000
Size
Commercial building 2,464 SF
Residence 1,693 SF
Total 4,157 SF
Zoning M-C (Manufacturing Commercial)
APN 037-211-016
Parking Multiple city lots nearby
HVAC Yes, throughout
To Show Call listing agent
The commercial building offers established rental income and flexible potential use with M-C (Manufacturing Commercial) zoning. Configured as two retail suites, one on each level, with long-term tenants — Above & Beyond Body Arts and Golden Eagle Tattoo — both having more than 15 years of occupancy at the property.
Ideally positioned on State Street near the Funk Zone, four blocks from the beach, and surrounded by premium dining, shopping, hotels, and cultural amenities, 407 State Street presents a rare opportunity to acquire one of Santa Barbara’s most distinctive architectural properties.
Price $4,999,000
Size
Commercial building 2,464 SF
Residence 1,693 SF
Total 4,157 SF
Zoning M-C (Manufacturing Commercial)
APN 037-211-016
Parking Multiple city lots nearby
HVAC Yes, throughout
To Show Call listing agent
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,157 SF
Building Class
B
Year Built
1992
Price
$4,999,000
Price Per SF
$1,202.55
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.19
Lot Size
0.08 AC
Zoning
C-M - Commercial/ Residential mixed-use.
Parking
4 Spaces (0.94 Spaces per 1,000 SF Leased)
Frontage
25’ on State Street
Property Taxes
| Parcel Number | 037-211-016 | Improvements Assessment | $3,788,512 |
| Land Assessment | $1,501,874 | Total Assessment | $5,290,386 |
Property Taxes
Parcel Number
037-211-016
Land Assessment
$1,501,874
Improvements Assessment
$3,788,512
Total Assessment
$5,290,386
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