1525 State Street 201, SANTA BARBARA, CA 93101
$725,000
Property Type:
Commercial Sale
Square Footage:
1,624
Status:
Closed
Current Price:
$725,000
List Date:
8/04/2025
Last Modified:
2/13/2026
Description
Rare chance to acquire a high-quality, professionally built-out office condo in the heart of Santa Barbara's upper State Street corridor. Suite 201 is ±1,624 SF and fully leased to an established dental practice through December 31, 2031, providing stable long-term income. The suite features an upscale interior with extensive improvements and presents a clean, modern image for medical or professional use. Offered at under $1 million with a 5.51% cap rate, this is a turnkey investment in one of Santa Barbara's most desirable commercial locations.
More Information MLS# 25-2950
Location Info
Unit/Space #: 201
Country: US
Compass Map: Santa Barbara
Map Grid: O12
Cross Street: W. Arrellaga St
District: 20 - SB/WEST OF STATE
Street #: 1525
Street Name: State
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 027-570-007
Property Information
For Sale/Lease: For Sale
#Offices: 1
TYP: Business
Total SqFt.: 1624
Owner Info
Deposit: 27750
Remarks
Hot Sheet Comment: price
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Contract Info
Current Price: $725,000
Price: 895000
Begin Date: 2025-08-04
Status: Closed
Status Change Info
Sold Date: 2026-02-13
Sold Price: $725,000
Under Contract Date: 2025-11-14
Property Features
Zoning: Other
Terms: Cash; Conventional
Listing Type: ER
Listing Office:
Radius Group Commercial R.E.
Last Updated: February - 13 - 2026
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