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- LoopNet Team
1027 State St
Santa Barbara, CA 93101
Property For Lease
Property Facts
| Property Type | Retail | Gross Leasable Area | 4,050 SF |
| Property Subtype | Restaurant | Year Built | 1940 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,050 SF |
| Year Built | 1940 |
About the Property
This prominent restaurant building with all FF&E is located in the heart of the downtown professional district of Santa Barbara, featuring vaulted ceilings, skylights, red brick walls, stylish décor, brand-new HVAC and roof (installed in 2019), and an inviting heated patio on State Street. High-visibility frontage and signage to pedestrian traffic. Sale Price: $2,150,000 (Cash, submit for terms) Lease Rate: $5,500 per month, plus NNN expenses Term: Up to 2 years Lease-Option: Available. Seller may consider financing with 30% down payment Building Size- First floor: 2,440 SF Second floor: 680 SF Basement: 460 SF Total: 3,580 SF Covered Patio: 600 SF Lot Size: 3,049 SF Equipment: All FF&E included CSO%: 3% APN: 039-281-0134 Zoning: C-2 Parking: Zone of benefit. City parking lot at rear offers 75 minutes free Frontage: Approx. 21.7 feet of frontage on State Street Year Built: Early 1940s HVAC: Replaced in 2019 Roof: Replaced in 2019 Earthquake retrofit: Yes, 1993 Restrooms: One set of men’s and women’s
- Restaurant
- Signage
