127 W. Canon Perdido St. Santa Barbara, CA 93101

This high-visibility, 3-unit commercial building is well situated in downtown Santa Barbara with prominent signage facing W. Canon Perdido Street. The asset features three versatile spaces with high ceilings and a paved area behind the building. Renovated in 2008 by Schipper Construction, upgrades included: (i) restored and beautified façade, (ii) new exterior doors, glass line and lighting where necessary, (iii) new HVAC & ducting, plumbing, electrical & sewer service, as well as restrooms for three (3) newly demised retail suites, (v) new open ceiling floor plans with new lighting and drywall, and (vi) new interior and exterior paint. The property is also located in the 63 units/acre multifamily AUD development zone. Current tenants include Apollo Fitness who completed a new buildout in 2019, and Santa Barbara Dance Center, an established dance studio with renowned instructors. Located just two blocks from State Street with easy access from the US 101 Fwy via Carrillo Street—and mere steps from numerous downtown eateries, coffee shops, financial centers & Paseo Nuevo Mall—this property represents a turnkey investment opportunity at an attractive $376/SF.