1936 State Street, SANTA BARBARA, CA 93101 (MLS# 26-1596)

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1936 State Street, SANTA BARBARA, CA 93101

$4,950,000

1936-State-Street-Santa-Barbara-CA-93101

Property Type: Commercial Sale Square Footage: 3,450 Lot Size (sq. ft.): 22,215 Status: Active

Current Price: $4,950,000 List Date: 5/14/2026 Last Modified: 5/14/2026

Overview

Description

Located at 1936 State Street in Santa Barbara, this offering presents a newer construction, fully leased retail investment with strong in-place income. The property is occupied by 7-Eleven and Ike's Love & Sandwiches, two nationally recognized tenants providing stable, reliable cash flow. Positioned along the highly trafficked State Street corridor, the asset benefits from excellent visibility and strong surrounding demographics. With modern construction and minimal near-term capital needs, this is a low-management, high-quality investment opportunity in one of California's most desirable coastal markets.

Listing Details MLS# 26-1596

Location Info

District: 15 - SB/EAST OF STATE
Street #: 1936
Street Name: State
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
County: Santa Barbara
Parcel Number: 025-372-001
Cross Street: Mission St.

Contract Info

Price: 4950000
Begin Date: 2026-05-14

Property Information

TYP: Retail
For Sale/Lease: For Sale
#Offices: Yes
Total SqFt.: 3450
Apx Lot SqFt: 22215
Apx # Acres: 0.51

Owner Info

Deposit: 148500

Remarks

Hot Sheet Comment: new

Zoning

Other: Yes

More Information

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: May - 14 - 2026

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