EXCELLENT LOCATION... Centrally located on State Street in a vital position on its most vibrant block this highly visible building offers high ceilings, a unique configuration and roll-up door allowing a multitude of uses and ample parking in the adjacent City lot. In addition, its high-density housing overlay provides investors, developers or owner/users with immense opportunity to add significant value, develop additional square footage or housing, or owner occupancy. Short distances to the red-hot Funk Zone and the highly desirable coastline give this property widespread appeal. ...WITH VERSATILITY The property offers supreme flexibility for a new owner, with a natural dividing line between the front and rear portions of the building.

Supplements: The 4,000 SF facing State Street features good retail frontage on the shady side of the street while the 7,000 SF rear portion opens into a exposed-beam high-ceiling space with loading options and easy access to the adjacent city parking lot . A wealth of possibility for retail, office, restaurant, or light industrial uses. Nearby: Drift (new 45-room boutique hotel), Hotel Santa Barbara (75-room hotel, undergoing significant improvements), Cost Plus World Market, Joe's Cafe, Institution Ale, Nick the Greek, Starbucks, and many more