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$4,100,000 Just Listed
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Property Description
Classic, mid-century mixed-use building in the heart of Santa Barbara's theatre district with upside. The building was built in 1950s out of reinforced concrete and has been well maintained currently with ground floor retail and second floor office suites. Opportunity for an investor, owner occupant, or developer reposition the second floor to residential units (see conceptual plan). Property features include private gated parking with access easements, attractive front or rear building entries, flexible floorplans, high ceilings with numerous skylights, almost 50 feet of frontage, windows on 3 sides, HVAC throughout, 5 sets of restrooms with numerous kitchenettes and classic attractive detailing. Steps from the Granada parking garage and the Granada theatre. Please do not disturb
Full Property Details
Full Property Details for 1222-1224 State St
General
- Price: $4,100,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 26-3452
- Updated: 10/13/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: Public Lot, Uncovered
Location
- Area: 15 - SB/EAST OF STATE
- County: Santa Barbara
- Cross Streets: Victoria
Structural Information
- Square Feet: 8,524
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Size: 6534
- Zoning: C-2
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 039-650-007
Listed by Radius Group Commercial R.E.
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Price & Sales History for 1222-1224 State St
Date
Details
Price
Change
Source
10/13/2026
Listed
$4,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1222-1224 State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,311
—
$1,820,680
2%
2025
$22,311
1%
$1,784,982
2%
2024
$21,988
21%
$1,749,984
2%
2023
$18,242
2%
$1,715,672
2%
2022
$17,929
2%
$1,682,032
2%
2021
$17,515
1%
$1,649,052
1%
2020
$17,335
2%
$1,632,144
2%
2019
$17,033
1%
$1,600,142
2%
2018
$16,792
3%
$1,568,768
2%
2017
$16,237
2%
$1,538,008
2%
2016
$15,854
1%
$1,507,852
2%
2015
$15,680
2%
$1,485,204
2%
2013
$15,307
—
$1,456,112
—
2013
$15,307
—
$1,449,533
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1222-1224 State St
1222-1224 State Street, Santa Barbara, CA 93101 (MLS# 26-3452) is a Commercial property. 1222-1224 State Street is currently listed for $4,100,000 and was received on October 13, 2026. Want to learn more about 1222-1224 State Street? Do you have questions about finding other Commercial real estate for sale in East Of State? You can browse all East Of State real estate or contact a Coldwell Banker agent to request more information.

