for sale ±10,250sf downtown retail building 1105 state st. santa barbara, ca

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1 Significant Price Reduction! property brief First time on the market! This 10,250 SF building in the heart of downtown Santa Barbara enjoys high visibility on State St., one of California s premier shopping, dining and arts promenades. Features include up to 14 ceilings, skylights, functional basement, 2nd floor retail or residence, wood floors, 3-year-old roof and well maintained HVAC units. Potential for retail, arts, restaurant or nightclub. Built in 1920 and home to Andera s Department Store for over 60 years, the building is currently occupied by the Seller who operates a successful business (please do not disturb). After close of escrow, Seller requests 2 4 months leaseback to liquidate inventory. Prime Downtown Santa Barbara Storefront. Now Offered at $4,950,000! Price Now Offered at $4,950,000 Size ±10,250 SF Total (±5,375 SF Ground Floor; ±1,900 SF Second Floor; ±2,975 SF Basement) Price/SF $483/SF ($680/SF not including Basement) Lot Size 5,662 SF APN Zoning C-2 Year Built 1920 Floors 3 Ceiling Height Parking 1 Space + Public Lot Restrooms 2 HVAC Throughout Elevator Freight Elevator CSO 2.5%

2 Figueroa Street State Street

3 property photos First Floor Basement Rooftop 2nd Floor 1st Floor Stairwell Rear Entry

4 neighboring downtown santa barbara attractions Mere footsteps from 1105 State St. are many of the Santa Barbara s favorite attractions, including the historic Granada and Arlington theaters, Santa Barbara Public Market, Santa Barbara Courthouse, Paseo Nuevo Mall, The Funk Zone, Stearns Wharf, and of course the wide variety of shops and restaurants that pepper downtown Santa Barbara s world-renowned State Street corridor. Public Market Hwy 101 Santa Barbara Museum of Art Chapala Street Victoria Street Arlington Theatre Anthropologie 1105 State St. Apple Store French Press State Street Carrillo Street Anapamu Street Figueroa Street Santa Barbara Courthouse Granada Theatre Paseo Nuevo Mall Anacapa Street Andersen s Danish Restaurant & Bakery

5 market overview santa barbara the american riviera Symbolizing the ultimate in casual California lifestyle, Santa Barbara is undoubtedly one of America s most desirable travel destinations. Located on a pristine coastline approximately 337 miles south of San Francisco and 93 miles north of Los Angeles, Santa Barbara is nestled between the Pacific Ocean and the Santa Ynez Mountains. This stretch of coast is known as the American Riviera because of its Mediterranean climate and lush green landscape. With a population of approximately 92,000 in 2014, Santa Barbara is both small and vibrant. Locals and visitors alike are drawn to the city s charming downtown and picturesque State Street with its rich Spanish architecture and historical sites, and wide variety of shops and galleries, numerous Zagat-rated restaurants, thriving open-air shopping centers like the famed Paseo Nuevo, pristine, sunny beaches and harbor, and countless other outdoor attractions including the Santa Barbara Zoo, Santa Barbara Mission, Stearns Wharf and Ty Warner Sea Center, to name just a few. Plus, with nearly 100 vineyards within a short drive, Santa Barbara County is a world renowned destination for wine enthusiasts. demographics 2014 Population Approx. 92,000 Population Density Approx. 2,105 people/square mile Households Approx. 35,449 Age 0 18 Approx. 18.6% Age Approx. 42.0% Age Approx. 25.2% Age 65+ Approx. 14.2%