Freestanding, two-story office/R&D/industrial building available for purchase in the cannabis zone. Second floor office space is very nicely improved and comprised of a mix of perimeter offices and large open bullpen areas. First floor is comprised of a highly improved wet lab area installed by Apeel Sciences in 2016 and other office/storage improvements installed by Coastal Holding Company (cannabis company) in 2019. The property previously had three (3) cannabis permits (manufacture, distribution and delivery) that were issued in 2019 and are now inactive. Existing tenant is no longer using the facility and has subleased the entire building through 12/31/26.
9,673 Sq Ft
Commercial
Built in 1990
MLS/Listing ID 24-2381
2 Stories
Listing Courtesy of HAYES COMMERCIAL GROUP, FRANCOIS DEJOHN
Source of Data: SANTA BARBARA MULTIPLE LISTING SERVICE