What The Heck Is Going On In Downtown SB & The Mesa October Update

A colleague of mine, Natalie Wagner (no relation…ha!) has been diligent about sending out market updates that focus on her specialty, commercial real estate. I always enjoy reading these newsletters and reached out to her to ask if I could share her downtown Santa Barbara news with all of you and she said sure!  So if you have downtown commercial questions, please reach out to Natalie who is a wealth of information and can be reached at:

Natalie V. Wagner
The Shopping Center Group
5036 Carpinteria Ave.
Carpinteria, CA  93013
T. (805) 684-7767 x 1578
E. natalie.wagner@tscg.com
License #01868161
www.santabarbaracre.com
www.tscg.com

THAT is Happening in Downtown Santa Barbara?! 😎

Popular fitness concept F45 is making its way through the U.S. from Australia and will soon open a training facility at 528 Anacapa St. (adjacent to Dune Coffee Roasters). With fitness in mind, you might want to check out the freshly updated lululemon store at 740 State St. for the latest gear! Filling lulu’s old temporary space at Paseo Nuevo (across from Nordstrom) will be The Yes Store, a Santa Barbara holiday favorite. Two longstanding State Street clothing stores are making exciting changes as The Closet Trading Co. moves to 714 State St. (formerly Lole, Prim Boutique) and Wendy Foster will head north to 1220 State St. (previously Celadon House). ShineUp, a new men’s clothing store, has opened in the Funk Zone at 14 Helena Ave. and the long awaited Habitat Home & Garden store at 400 State St. is now open. There are also two new electric bike stores at each end of State Street: Electric Bikes of SB to the north at 1345 State St. and e-Bikery to the south at 506 State St.

Oku restaurant is open for business on the waterfront at 29 E. Cabrillo St. in the old El Torito building. Around the corner in the Funk Zone, the latest concept from Acme Hospitality is Pearl Social (131 Anacapa St.), which will take up the Les Marchands space. Also in the Funk Zone, Rincon Brewery will have a new taproom in the former La Place Wine & Beer spot at 205 Santa Barbara St. M. Special Brewery will make its debut downtown when it occupies the 4,000 sf building and patio space vacated by Tonic at 634 State St. Down the street, Pascucci is set to move into the old Cadiz space at 509 State St., and Viva has rebranded as Eleven14 Crafthouse & Kitchen.

The iconic Enterprise Fish Co. building at 225 State St. has come on the market for sale at $4.9 million. Santa Barbara-based SeaVees, which opened their flagship retail store this spring at 24 E Mason St., will occupy the recently sold 8,683 sf building at 35 W. Haley St. for their new headquarters. The most notable commercial State Street sale this year was the 60,000 sf Howard-Canfield building at 827 State St., which is home to H&M and Wendy Foster, among other tenants. The 2,790 sf building at 1103 State St. sold to a local investor and is also on the market for lease.

HERE is What Is Happening On The Mesa?! 😎

Currently For Sale:
422 Alan Road 3 bed, 3 bath Listed for $1,849,500
1318 Kenwood Road 3 bed, 2 bath Listed for $1,440,000
1222 Meigs Road #16 3 beds, 2.5 baths Listed for $1,299,000
5 Santa Cruz Boulevard 2 beds, 2 baths Listed for $3,300,000
2204 Edgewater Way 2 beds, 2 baths Listed for $1,650,000
1225 Miracanon Lane 4 beds, 3 baths Listed for $1,950,000
1568 La Vista Del Oceano 3 beds, 4 baths Listed for $3,575,000
3150 Sea Cliff 2 beds, 2 baths Listed for $5,150,000
101 Santa Cruz Listed for $1,347,000 INCREASED in price from $1,299,000. On the market for 1,173 days…

Price Adjustments:
254 San Julian Avenue 2 beds, 2.5 baths, Listed for $1,995,000 adjusted to $1,899,000
209 Mohawk Road 4 beds, 3 baths Listed for $2,250,000 adjusted to $2,100,000
771 Juanita Avenue 3 beds, 2 baths Listed for $1,249,000 adjusted to $1,198,000
1512 1/2 Santa Rosa Ave 3 beds, 2 baths Listed for $1,450,000 adjusted to $1,399,000
1833 La Coronilla Drive 4 beds, 3 baths Listed for $2,249,000 adjusted to $2,149,000
1255 Kenwood Road 3 bed, 2 bath Listed for $1,300,000 adjusted to $1,225,000
860 Miramonte Drive 4 beds, 3 baths Listed for $2,385,000 adjusted to $2,295,000
15 Skyline Circle 2 Units Listed for $1,300,000 adjusted to $1,200,000 then$1,202,000 then adjusted and INCREASED to $1,172,000 *Short Sale*

Back On Market: (available again)
1637 Santa Rosa Avenue 3 beds, 2 baths Listed for $1,595,000
1632 La Vista del Oceano * Land* Listed for $1,095,000 adjusted to $995,000
124 Vista Del Mar Drive 3 beds, 3 baths Listed for $1,498,000

Pendings:
3239 Cliff Drive (16 days on market!) 5 beds, 2 baths Listed for $6,500,000
2212 Elise Way 3 bed, 3.5 baths Listed for $1,498,000
1505 La Coronilla Drive 3 beds, 2 baths Listed for $1,925,000 Adjusted to $,1860,000
3807 White Rose Lane 4 bed, 3 bath Listed for $2,395,000
2428 Calle Soria 4 beds, 2 baths Listed for $1,529,000
347 Salida Del Sol 4 beds, 3 baths Listed for $1,429,000
1633 La Coronilla Drive 3 beds, 2 baths Reduced to $1,295,000 Listed for $1,395,000
3239 Cliff Drive 5 beds, 2 baths Listed for $6,500,000
814 Weldon Road 3 beds, 2 baths Listed for $995,000
1225 Miracanon 4 beds, 3 baths Listed for $1, 950,000
1553 Shoreline Drive…(pending since February) Lot Listed for $3,200,000

Closed:
519 Miramonte 2 bed, 1 bath Sold For $825,000 (Off Market)
1403 San Miguel Sold for $,2,200,000 (Off Market)
114 La Marina 2 bed, 1 bath Listed for $1,275,000 Sold for $1,450,000
312 Lighthouse Rd 4 beds, 3 baths Listed for $1,995,000 Closed for $1,695,000
555 Ricardo 3 bedroom, 2 bathroom Listed for $1,595,000 Closed (off market) for $1,545,000
226 San Julian 3 beds, 2 baths Listed for $1,450,000 Closed for $1,400,000
1556 La Cresta Cir 4 beds, 3 baths $2,175,000 Sold for $2,050,000
242 San Clemente 3 beds, 1 bath, Listed for $1,299,000 Sold for $1,236,000
1815 El Faro 3 beds, 2 baths Listed for $1,395,000 Sold for $1,300,000
30 Skyline Circle 3 beds, 2 baths Listed for $1,169,000 Sold for $1,180,000
226 San Julian Avenue 3 beds, 2 baths Listed for $1,450,000 Sold for $1,400,000
229 La Jolla Dr 4 beds, 3 baths S Listed at $1,895,000 Sold for $1,775,000
2110 Red Rose Way 3 beds, 2 baths Listed for $977,500 Sold for $957,543

Canceled or Withdrawn:
1625 Shoreline Drive 3 beds, 2 baths Listed for $4,625,000
616 Calle Del Oro 3 beds, 2 baths Reduced to $1,750,000 from $1,900,000

Please accept my apologies if I mixed up any numbers and also, please let me know so that I can correct any errors. Thank you!