1525 State Street 201, SANTA BARBARA, CA 93101 (MLS# 25-2950)

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1525 State Street 201, SANTA BARBARA, CA 93101

$725,000

1525-State-Street-Santa-Barbara-CA-93101

1525-State-Street-Suite-201-Santa-Barbar

Property Type: Commercial Sale Square Footage: 1,624 Status: Closed

Current Price: $725,000 List Date: 8/04/2025 Last Modified: 2/13/2026

Overview

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.

Listing Details MLS# 25-2950

Location Info

District: 20 - SB/WEST OF STATE
Street #: 1525
Street Name: State
Street Suffix: Street
Unit/Space #: 201
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 027-570-007
Cross Street: W. Arrellaga St

Contract Info

Price: 895000
Begin Date: 2025-08-04

Property Information

TYP: Business
For Sale/Lease: For Sale
#Offices: Yes
Total SqFt.: 1624

Owner Info

Deposit: 27750

Remarks

Hot Sheet Comment: price

Status Change Info

Sold Date: 2026-02-13
Under Contract Date: 2025-11-14

More Information

Zoning

Other: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

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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