Contacts
Radius Commercial Real Estate
Radius Commercial Real Estate
Radius Commercial Real Estate
Property Details
- Property Type Industrial
- Property Size 12,826 SF
- Lot Size 0.45 Acre
- Parking Spaces Avail. 12
- Parking Ratio 0.94 / 1,000 SF
- Building Class C
- Year Built 1931
- Date Updated Jul 31, 2025
- Clear Height 10' - 17'
- Grade Level Doors 3
Just one block from the sand and located within Santa Barbara’s vibrant Hotel Corridor, this nearly half-acre property offers a rare blend of existing income, flexible use, and long-term potential. With 12,826 square feet across two industrial-style buildings, the site includes high ceilings, upstairs/downstairs office areas, and 14 parking spaces. It’s currently divided into four units—two leased, two vacant—with re-configuration options and the possibility of vacant delivery, subject to lease buyouts. Zoned R 3 and situated in the Coastal Zone, the property is ideal for redevelopment—especially for hospitality or short term rental use, which is allowed here. Steps from East Beach, the Santa Barbara Zoo, and Highway 101, the site also sits next to Dwight Murphy Field, which begins a $30+ million renovation in 2025, bringing major upgrades by 2026 including sports fields, an allabilities playground, and expanded public amenities. Family-owned for over 50 years, this is a legacy offering with exceptional potential in one of Santa Barbara’s most desirable coastal neighborhoods.
Land Size ±19,602 SF
Price Per SF of Land $227/SF
APN 017-322-001
Year Built 1931/1951
Zoning R-3/S-D-3 Limited Multi-Family Residential with Coastal Zone Overlay
Cap 5.9% Projected
Assumptions Include $1.85/sq foot NNN, $20 per square foot improvements, $50,000 Tillford lease buyout, $50,000 misc.
Type Legal Non-Conforming Office/Industrial
CSO 2.5%
Reach out to the broker for more info on lease terms and amenities
Getting around
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74/100
Walk Score ®
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37/100
Transit Score ®
-
91/100
Bike Score ®
Location
- City Santa Barbara, CA
- Neighborhood East Beach
- Zip Code 93103
- Market Central Coast
Points of Interest
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Zoo Train
0.36 miles
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Santa Barbara
1.26 miles
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SBA Economy Lot 3
9.29 miles
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SBA Economy Lot 2
9.32 miles
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SBA Economy Lot 1
9.36 miles
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SBA Terminal
9.37 miles
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Goleta
9.88 miles
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Arco
0.73 miles
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ChargePoint
1.09 miles
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Chevron
1.58 miles
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eVgo
1.86 miles
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Santa Barbara Gas
1.92 miles
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Village Service Station
2.52 miles
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Fuel Depot
3.19 miles
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True Zero
4.70 miles
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Conserv Fuel
4.71 miles
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Wash and Go
4.15 miles
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Thrifty Car Rental
9.03 miles
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Car Rental Offices
9.39 miles
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Enterprise
9.39 miles
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National
9.39 miles
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Alamo
9.39 miles
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Avis
9.39 miles
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Budget
9.40 miles
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Dollar
9.40 miles
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Hertz
9.40 miles
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Your Place
0.50 miles
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Char West Fish & Chips
1.01 miles
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Fishouse
1.01 miles
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Mother Stearns Candy Company
1.01 miles
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Great Pacific Ice Cream Co
1.01 miles
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Moby Dick Restaurant
1.03 miles
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Los Agaves
1.04 miles
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Santa Barbara Shellfish Company
1.04 miles
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Longboards Grill
1.04 miles
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Tamar Central Coast Shawarms
1.06 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
