530 State Street, SANTA BARBARA, CA 93101 (MLS# 24-3783)

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530 State Street, SANTA BARBARA, CA 93101

$3,617,500

Property Type: Commercial Sale Square Footage: 11,450 Lot Size (sq. ft.): 11,761 Status: Closed

Current Price: $3,617,500 List Date: 11/20/2024 Last Modified: 4/09/2025

Overview

Description

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-r ... (Read more)

Listing Details MLS# 24-3783

Location Info

District: 15 - SB/EAST OF STATE
Street #: 530
Street Name: State
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: P12
County: Santa Barbara
Parcel Number: 037-173-026
Cross Street: E Cota St

Contract Info

Price: 4175000
Begin Date: 2024-11-20

Property Information

TYP: Business
For Sale/Lease: For Sale
Gross Sq Ft: 11450
Total SqFt.: 11450
Apx Lot SqFt: 11761
#Offices: 0

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2025-04-09
Under Contract Date: 2025-01-02

Owner Info

Deposit: 0

More Information

Zoning

Other: Yes

Terms

Other: Yes

Listing Type

ER: Yes

Property Features

Zoning: Other Terms: Other Listing Type: ER

Listing Office: Hayes Commercial Group

Last Updated: April - 09 - 2025

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