706 State Street, SANTA BARBARA, CA 93101 (MLS# 26-407)

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706 State Street, SANTA BARBARA, CA 93101

$1,645,000

Property Type: Commercial Sale Square Footage: 2,413 Lot Size (sq. ft.): 3,049 Status: Active

Current Price: $1,645,000 List Date: 2/06/2026 Last Modified: 5/27/2026

Overview

Description

A rare opportunity to acquire a premier property in the heart of downtown Santa Barbara's iconic State Street corridor. The property benefits from exceptional visibility, strong pedestrian traffic, & immediate proximity to top retailers, restaurants, hotels, & cultural destinations that drive consistent local and tourist activity. The current tenant is scheduled to vacate at the end of the year, providing a buyer with near-term flexibility to reposition, re-tenant, or occupy the property. This creates a compelling opportunity for an investor or owner-user to capture upside in a supply-constrained, high-barrier-to-entry coastal market. As State Street continues its recovery & evolution, 706 State Street offers long-term value, strong fundamentals, and irreplaceable downtown real estate.

Listing Details MLS# 26-407

Location Info

District: 15 - SB/EAST OF STATE
Street #: 706
Street Name: State
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
County: Santa Barbara
Parcel Number: 037-092-017
Cross Street: E. Ortega St.

Contract Info

Price: 1645000
Begin Date: 2026-02-06

Property Information

TYP: Business
For Sale/Lease: For Sale
#Offices: Yes
Total SqFt.: 2413
Apx # Acres: 0.07

Owner Info

Deposit: 52500

Remarks

Hot Sheet Comment: price

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 - 27 - 2026

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