Contacts
Hayes Commercial Group
Property Details
- Property Type Office - R&D - Office
- Property Size 9,673 SF
- Lot Size 15,245 SF
- # of Floors 2
- Parking Spaces Avail. 17
- Parking Ratio 1.76 / 1,000 SF
- Property Tenancy Single Tenant
- Year Built 1990
- Date Updated May 14, 2025
Freestanding, two-story office/R&D/industrial building available for purchase in the cannabis zone. Second floor office space is very nicely improved and comprised of a mix of perimeter offices and large open bullpen areas. First floor is comprised of a highly improved wet lab area installed by Apeel Sciences in 2016 and other office/storage improvements installed by Coastal Holding Company (cannabis company) in 2019. The property previously had three (3) cannabis permits (manufacture, distribution and delivery) that were issued in 2019 and are now inactive. Existing tenant is no longer using the facility and has subleased the entire building through 12/31/26. Other property features include ample natural light through extensive window lines, security cameras, multiple entrances (electronic access), and a convenient location near the amenities of Milpas Street.
Parcel Size: 819 Reddick 9,147 SF 822 E Haley 6,098 SF Total 15,245 SF Price: $4,500,000 ($465 psf, 8.92% cap rate) NOI: $401,609 (as of 9/1/24) APN: 031-303-024 (819) and 031-303-006 (822) Floors: Two Year Built: Major remodel/addition in 1990 Construction Type: Wood frame Roof Age: Varies from 1998 to 2015 Elevator: No Loading: Double-door at ground level Ceilings: Approximately 9’ Sprinklers: Yes Restrooms: 5 unisex (3 downstairs, 2 upstairs) HVAC: 2 newer Aaon package units for lab, 3 newer Samsung split units, 4 older York package units Parking: 17 reserved spaces, plus street Zoning: M-1 (819 Reddick) and C-G (822 E Haley) To Show: Call listing agent CSO: 2
Reach out to the broker for more info on lease terms and amenities
Getting around
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93/100
Walk Score ®
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37/100
Transit Score ®
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82/100
Bike Score ®
Location
- City Santa Barbara, CA
- Neighborhood Milpas
- Zip Code 93103
- Market Central Coast
Points of Interest
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Santa Barbara
0.92 miles
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Zoo Train
1.21 miles
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SBA Economy Lot 3
8.45 miles
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SBA Economy Lot 2
8.49 miles
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SBA Economy Lot 1
8.52 miles
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SBA Terminal
8.58 miles
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Goleta
9.05 miles
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Arco
0.18 miles
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ChargePoint
0.33 miles
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eVgo
1.01 miles
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Santa Barbara Gas
1.24 miles
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Chevron
1.25 miles
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Fuel Depot
2.72 miles
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Village Service Station
3.08 miles
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True Zero
3.83 miles
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Conserv Fuel
3.83 miles
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The Senior Lot
0.68 miles
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Cota Commuter Lot
0.69 miles
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The Junior Lot
0.69 miles
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Santa Barbara Historical Society Parking
0.74 miles
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City Lot #10
0.78 miles
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City Lot #12
0.86 miles
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City Lot #8
0.96 miles
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City Lot #7 (Library Garage)
0.99 miles
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City Lot #2
1.00 miles
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City Lot #3
1.06 miles
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IHSP Santa Barbara
0.33 miles
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Spanish Garden Inn
0.72 miles
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Haley Hotel
0.76 miles
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The Fess Parker - Hilton Resort
0.79 miles
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The Wayfarer
0.83 miles
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Hotel Santa Barbara
0.85 miles
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Holiday Inn Express Santa Barbara
0.88 miles
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Hotel Indigo Santa Barbara
0.91 miles
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Harbor View Inn
0.98 miles
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Motel 6
0.98 miles
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Chapala Market
0.15 miles
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Trader Joe's
0.22 miles
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Sprouts Farmers Market
0.51 miles
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Smart & Final
0.60 miles
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Tri-County Produce
0.83 miles
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Marshalls
0.91 miles
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Paseo Nuevo Mall
0.94 miles
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Nordstrom
0.97 miles
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Presidio Liquor Market and Deli
1.01 miles
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Ralphs
1.13 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.
Hayes Commercial Group
