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    322 W Cabrillo Blvd Santa Barbara, CA 93101

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    For Sale
    $5,900,000

    Restaurant, residence, and development potential in prime location.

    Property size:
    4,067 SF
    Lot size:
    0.17 Acres

    Property Features for 322 W Cabrillo Blvd

    General Information

    Size
    4,067 SF
    Lot size
    0.17 Acres

    Source: Hayes Commercial Group Agent Nolan Tooley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Residence in Santa Barbara

    The property features Toma Restaurant & Bar, a dining establishment, and a single-family residence. The residence is suitable for rental income or commercial use. The site includes three restrooms, HVAC, and non-conforming parking for 13 spaces. Approximately 3,000 square feet of additional non-residential space may be eligible for development under the city’s Growth Management Program.
    Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.6936293
    Latitude
    34.408749

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    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant, residence, and development potential in prime location.
    Where is this conventional restaurant located?
    The property is located at 322 W Cabrillo Blvd Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: - Includes Toma Restaurant & Bar, a top Santa Barbara dining destination.; - Potential for development of approximately 3,000 SF of additional non-residential space.; - Single-family residence suitable for rental income or commercial use.
    (805) 898-4383
    Request Owner's contact information
    322 W Cabrillo Blvd Santa Barbara, CA 93101
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    Santa Barbara, CA 93101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    322 W Cabrillo Blvd Santa Barbara, CA 93101
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