Freestanding Restaurant with Commercial
For Sale
$2,750,000
428 Chapala Street, Santa Barbara, CA 93101
Freestanding restaurant with upgraded systems, ADA improvements, and a built-out commercial kitchen.
Property Size3,020 SF
Lot Size0.37 Acres
Price / SF$910.60
Days on Market8
Property Features for 428 Chapala Street
General Information
Standard status
Active
Size
3,020 SF
Lot size
0.37 Acres
Property subtype
Retail
Additional Details
Asking Price
$2,750,000
Building Details
Building Size
3,020 SF
Buildings
1
Listing Agency:
Colliers International
Listed By:
Michael Lopus · License #01970736
Source:
Velocityrealtysd
Added: Sep 17
Changed: Sep 20
Last Checked: Sep 24 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers International
Investment Insights
Based on property information with market context.
This freestanding restaurant property includes a +/-3,020 SF building on a +/-16,117 SF parcel measuring 0.37 AC. The improvements include a functional commercial kitchen, dining areas, upgraded restrooms, ADA work, building-system enhancements, and refreshed interior finishes. A +/-480 SF basement adds storage or support space, while 30 plus on-site parking spaces serve the property.
The building is currently occupied on a month-to-month basis and is available on short notice for owner-user occupancy or redevelopment. Its downtown Santa Barbara setting and existing restaurant infrastructure support continued food-and-beverage use, while the flexible tenancy provides a defined path to future occupancy or repositioning.
The building is currently occupied on a month-to-month basis and is available on short notice for owner-user occupancy or redevelopment. Its downtown Santa Barbara setting and existing restaurant infrastructure support continued food-and-beverage use, while the flexible tenancy provides a defined path to future occupancy or repositioning.
Key Highlights
- +/-3,020 SF freestanding restaurant building
- +/-16,117 SF parcel measuring 0.37 AC
- 30 plus on‑site parking spaces
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
5,187
Businesses Nearby
280k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 31%
Shops & Services 17%
Leisure 14%
Home Improvements & Furnishings 10%
Marshalls
Apparel
37,135 visits/mo
0.5 miles
Metropolitan Fiesta 5 Theatre
Leisure
27,969 visits/mo
0.5 miles
World Market
Home Improvements & Furnishings
25,963 visits/mo
0.2 miles
Smart & Final
Groceries
22,316 visits/mo
0.4 miles
REI
Apparel
18,434 visits/mo
0.3 miles
Demographics for 93101, CA
30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant with upgraded systems, ADA improvements, and a built-out commercial kitchen.
Where is this conventional restaurant located?
The property is located at 428 Chapala Street Santa Barbara, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: +/-3,020 SF freestanding restaurant building; +/-16,117 SF parcel measuring 0.37 AC; 30 plus on‑site parking spaces
