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900 State St
Santa Barbara, CA 93101
Marshalls · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
38,015 SF
Building Class
B
Year Built/Renovated
1960/2011
Tenancy
Single
Building Height
3 Stories
Building FAR
1.75
Lot Size
0.50 AC
Zoning
C2
Frontage
80’ on State St

AMENITIES

  • Signage
  • Tenant Controlled HVAC

ABOUT 900 STATE ST , SANTA BARBARA, CA 93101

$600,000 Price Reduction! Santa Barbara Marshalls offers an investor the opportunity to acquire a rarely traded commercial property centrally located on the vibrant retail corridor of State Street in the heart of downtown Santa Barbara, CA. The single-tenant, NNN-leased property offers a current stable cash flow with a 10-year extension, ease of management and pride of ownership at a price that is substantially below replacement cost and a current lease that is substantially below market. This landmark property consists of 38,015 SF of building GLA on 0.50 acres at the signalized intersection of State Street and Canon Perdido Street. The property provides over 80 feet of frontage on State Street, a very popular pedestrian shopping destination across from Paseo Nuevo Shopping Center, anchored by Nordstrom. Popular national retailers such as Apple, Forever 21, H&M and Anthropologie are located nearby on State Street. PLEASE REVIEW OUR MARKETING BROCHURE FOR THE MOST ACCURATE DETAIL ABOUT THIS OFFERING.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
039-322-050
Land Assessment
$3,800,172
Improvements Assessment
$13,668,375
Total Assessment
$17,468,547
  • Listing ID: 11151436

  • Date on Market: 1/5/2018

  • Last Updated:

  • Address: 900 State St, Santa Barbara, CA 93101

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