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1235 Olive St

Laguna, Santa Barbara, CA
Total Size
1,300 sqft
Zoning
Year Constructed
0
Year Renovated
0
Building Class

About 1235 Olive St

This office space is located at 1235 Olive, Santa Barbara, CA. This is a well-established neighborhood market with amazing amenities and benefits for potential tenants. The building features 1,300 square feet with a +/- 1,000 square foot basement. This is a great opportunity for investors looking to rent out such a space in a great location.

The market has a Type-21 hard, offsale liquor license and plenty of room to add a deli! The cooler in the building is new. The current owners can tailor a lease for the buyer if required. Stand-up storage is available in the basement of the building.

1235 Olive is in a convenient upper-east location and sees a lot of business in the area. It's located near the Santa Barbara High School and several other establishments. Public transportation is just over a block away, other options are within walking distance. It is also convenient to Highway 101.

This is a charming building with a distinctive look and feel. The building features angles and a corner entrance. Windows are located on each corner of the entrance. The outside features a large sidewalk/plaza area with room for benches.

Internet Providers for 1235 Olive St

Provider Technology Max Download Speed Max Upload Speed
Cox Communications Cable
1 Gb/s
25 Mb/s
Verizon DSL
10 Mb/s
1.5 Mb/s
Megapath DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Laguna

The typical asking rate per listing is in the $30's per square foot per year. The Laguna region is experiencing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 26% decrease in rent.

Median Rate Median Size
Laguna $36
/sqft/yr
8,260
sqft

Median Rate over Time in Laguna