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$5,450,000
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Property Description
A unique opportunity to acquire a substantial ±10,723 SF building in the heart of Downtown Santa Barbara. Ideally positioned just steps from State St, the property offers unmatched access to the city's dining, shopping, & cultural amenities while benefiting from strong visibility & a highly walkable location. This asset provides a flexible platform for a wide range of uses. An owner-user can establish a flagship headquarters in one of the most desirable downtown corridors. A value-add investor can reposition the property to capture market upside through modernization, re-leasing, or creative reconfiguration. The building's size & layout also make it an excellent conversion/adaptive re-use candidate.
Full Property Details
Full Property Details for 525 Anacapa St
General
- Price: $5,450,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 25-3520
- Updated: 11/12/2025
- Added to Site: 120 day(s) ago
Location
- Area: 15 - SB/EAST OF STATE
- County: Santa Barbara
- Cross Streets: E. Cota St,
Structural Information
- Square Feet: 10,723
Lot Features
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 037-173-045
Listed by Radius Group Commercial R.E.
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Schools
Schools serving 525 Anacapa St
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Santa Barbara, CA 290 Lighthouse Road, Santa Barbara, CA 93109 | K-6 | 2 mi |
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 0.7 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 Anacapa St
Date
Details
Price
Change
Source
11/12/2025
Price Reduced
$5,450,000
-7.63%
MLS
9/19/2025
Listed
$5,900,000
11.32%
MLS
10/25/2016
Sold
$5,300,000
—
Public Record
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 525 Anacapa St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,712
—
$6,151,099
2%
2024
$3,710
5982%
$6,030,490
2%
2023
$61
3%
$5,912,246
2%
2022
$59
9%
$5,796,321
2%
2021
$54
2%
$5,682,669
1%
2020
$53
2%
$5,624,401
2%
2019
$52
2%
$5,514,120
2%
2018
$51
-100%
$5,406,000
2%
2017
$55,789
-5%
$5,300,000
-5%
2016
$58,472
1%
$5,602,280
2%
2015
$57,830
2%
$5,518,129
2%
2014
$56,875
—
$5,410,037
—
2013
$56,618
—
$5,385,587
—
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 525 Anacapa St
525 Anacapa Street, Santa Barbara, CA 93101 (MLS# 25-3520) is a Commercial property. 525 Anacapa Street is currently listed for $5,450,000 and was received on September 19, 2025. Want to learn more about 525 Anacapa 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.

