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Listed by Gary Gracia Century 21 Masters
$1,525,000
Est. payment /mo
7,400 SqFt
Active
823 Guadalupe ST Guadalupe, CA 93434
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,400 sqft
Price per Sqft $206
MLS Listing ID 26000314
Year Built 1929
Lot Size 0.640 Acres
Acres 0.64
Lot Dimensions rectangle
Property Sub-Type Retail
Source North Santa Barbara County Regional MLS
Property Description
This is one of the Downtown Guadalupe iconic 1920's commercial buildings. Built about 1929 and retrofitted in the recent past, it has served as a landmark in the community and is known for maintaining its classic facade. Containing addresses 823 - 829, one suite currently contains the oldest restaurant in town, La Simpatia Restaurant and Bar (the business and operator's personal property are NOT for sale). The remainder of the street level units consist of two vacant suites which front Hwy1. The 2nd floor, accessed from the front and rear of the building, is divided into about 14 individual rooms/office suites(?) with 4 utility/restrooms.
In addition, sellers have plans to develop the vacant part of the apx 1/2 acre lot for multi family/H2A housing and have a nearly fully entitled 24 unit project that seller estimates could probably be permitted in a few months. Sellers have planning approval from City Council and have submitted construction documents to the city. They've received comments and have not resubmitted (as of October 2025).
Follow this dropbox link to the the submittal: https://www.dropbox.com/scl/fi/9atkun94n66akeon61nh5/823-Guadalupe-1st-Submittal-Set-2023-08-03.pdf?rlkey=uqd7k2dsn9ra0c9w0wavs3r1s&st=67abpy5h&dl=0 .
In addition, sellers have plans to develop the vacant part of the apx 1/2 acre lot for multi family/H2A housing and have a nearly fully entitled 24 unit project that seller estimates could probably be permitted in a few months. Sellers have planning approval from City Council and have submitted construction documents to the city. They've received comments and have not resubmitted (as of October 2025).
Follow this dropbox link to the the submittal: https://www.dropbox.com/scl/fi/9atkun94n66akeon61nh5/823-Guadalupe-1st-Submittal-Set-2023-08-03.pdf?rlkey=uqd7k2dsn9ra0c9w0wavs3r1s&st=67abpy5h&dl=0 .
Location
State CA
County Santa Barbara
Interior
Heating Other Heat
Cooling None
Heat Source Other Heat
Exterior
Private Pool No
Building
Foundation Raised, None
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 115-112-003
Acceptable Financing Submit
Listing Terms Submit
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