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    509 State St Santa Barbara, CA 93101

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    For Lease
    $3,495,000

    Restaurant space with attached covered patio available for lease.

    Property size:
    2,824 SF
    Lot size:
    0.12 Acres

    Property Features for 509 State St

    General Information

    Size
    2,824 SF
    Lot size
    0.12 Acres

    Source: BHHS - California Properties | Santa Barbara Agent Mitch Stark

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

    Overview

    Restaurant with Covered Patio

    This property offers approximately 2,824 square feet of restaurant space, complemented by an attached covered patio of approximately 454 square feet. The property is located in Santa Barbara, CA.
    Insight Report Location Intelligence

    Current Use by Public Records

    Pascucci Italian Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Pharmacy Clothing Store

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

    Similar Places Nearby

    Semi Private Chef, Events Unlimited, Central Coast Catering, Shalhoob's Santa Barbara Style Catering, The Kitchen Door

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.6961646
    Latitude
    34.4167755

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with attached covered patio available for lease.
    Where is this restaurant located?
    The property is located at 509 State St Santa Barbara, CA.
    What are key features of this property?
    This property features: - 2,824 SF restaurant space; - 454 SF attached covered patio; - Restaurant property
    (805) 689-2429
    Request Owner's contact information
    509 State St 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
    509 State St Santa Barbara, CA 93101
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