Map of Property

22 E Montecito St & 227 Anacapa St

For Sale

22 E Montecito St & 227 Anacapa St, Santa Barbara, CA 93101

This Santa Barbara property for sale is located at 22 E Montecito St & 227 Anacapa St. The current listed sale price for 22 E Montecito St & 227 Anacapa St is $3,600,000. 22 E Montecito St & 227 Anacapa St is situated on a lot that is 0.47 acre in size.

Contacts

Bob Tuler

Radius Commercial Real Estate

Gene Deering

Radius Commercial Real Estate

Property Details

  • Property Type Retail
  • Property Size 4,000 SF
  • Lot Size 0.47 Acre
  • Date Updated Sep 17, 2026

A rare ground lease investment opportunity in the heart of Santa Barbara’s Funk Zone with freeway frontage — one of the Central Coast’s most dynamic and sought-after urban districts. The ground lease rate is substantial below market. This dual-parcel offering delivers a truly passive, absolute NNN income
stream with zero landlord responsibilities. No expenses, no management, no surprises — just pure, unencumbered cash flow from day one.

Positioned at the intersection of E. Montecito St and Anacapa St, the property sits at the epicenter of Santa Barbara’s premier destination for wine tasting rooms, craft breweries, boutique hospitality, and creative retail — anchored between State Street and the waterfront.

Ground leased, absolute NNN investments of this caliber in a supply-constrained, high-barrier-to-entry market like Santa Barbara are exceptionally rare to market. Once the ground Lease expires land owner will take full control of the entire property.

Buyer to use Seller’s AIR Purchase Contract, which has been filled out with required language for the sale of the property.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 95/100

    Walk Score ®

  • 45/100

    Transit Score ®

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Location

  • City Santa Barbara, CA
  • Neighborhood Lower State
  • Zip Code 93101
  • Market Central Coast

Points of Interest

  • Santa Barbara

    0.14 miles

  • Zoo Train

    1.54 miles

  • SBA Economy Lot 3

    8.18 miles

  • SBA Economy Lot 2

    8.21 miles

  • SBA Terminal

    8.23 miles

  • SBA Economy Lot 1

    8.25 miles

  • Goleta

    8.77 miles

  • Chevron

    0.47 miles

  • ChargePoint

    0.50 miles

  • Santa Barbara Gas

    0.78 miles

  • Arco

    0.80 miles

  • eVgo

    0.95 miles

  • Fuel Depot

    2.04 miles

  • Village Service Station

    3.66 miles

  • True Zero

    3.70 miles

  • Conserv Fuel

    3.71 miles

  • City Lot #12

    0.12 miles

  • Cota Commuter Lot

    0.35 miles

  • City Lot #10

    0.38 miles

  • Santa Barbara Historical Society Parking

    0.49 miles

  • Pershing Parking Lot

    0.59 miles

  • City Lot #2

    0.65 miles

  • 1A East Campus Lot

    0.68 miles

  • City Lot #8

    0.74 miles

  • Ralphs

    0.76 miles

  • City Lot #3

    0.77 miles

  • Loquita

    0.09 miles

  • Enterprise Fish Company

    0.09 miles

  • Beachbreak Cafe

    0.10 miles

  • Helena Avenue Bakery

    0.10 miles

  • Santa Barbara Wine Collective

    0.10 miles

  • The Lark

    0.10 miles

  • Dart Coffee Co.

    0.12 miles

  • Lucky Penny

    0.12 miles

  • Tamar Central Coast Shawarms

    0.12 miles

  • Santo Mezcal

    0.15 miles

  • Smart & Final

    0.23 miles

  • Santa Cruz Market

    0.43 miles

  • Paseo Nuevo Mall

    0.54 miles

  • Nordstrom

    0.57 miles

  • Marshalls

    0.62 miles

  • Ralphs

    0.76 miles

  • Tino's Italian Grocery

    0.77 miles

  • Chapala Market

    0.86 miles

  • Trader Joe's

    0.88 miles

  • Sprouts Farmers Market

    0.91 miles

Contact 22 E Montecito St & 227 Anacapa St
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