REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,950,000
Est. payment | /mo
0.51 Acres Lot
$ 4,950,000
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-1596
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 22215.0
Property Sub-Type Retail
Source Santa Barbara Multiple Listing Service
Property 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.
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.
Location
State CA
County Santa Barbara
Others
Tax ID 025-372-001
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Radius Group Commercial R.E.
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty