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Premier Santa Barbara Restaurant Building
For Sale
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7 E Anapamu St, Santa Barbara, CA 93101

Restaurant building in prime location near arts venues.

Property Size4,445 SF
Price / SF$967.38
Days on Market145

Property Features for 7 E Anapamu St

General Information

Standard status Active
Size 4,445 SF
Property subtype Retail
Zoning C-G: Commercial General
Lease Type NNN
Investment Type Net Lease
Net Operating Income $251,640

Building Details

Tenancy Single
Listing Agency: Berkshire Hathaway Commercial Division
Listed By: Mitch Stark · License #CA 01196532
Source: Crexi
Added: Mar 23 Changed: Aug 7 Last Checked: Aug 13 at 2:36PM

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 Berkshire Hathaway Commercial Division

Investment Insights

Based on property information with market context.

This single-tenant net-leased investment is located in a premier Santa Barbara location. The building, formerly the Arts and Letters Café, has undergone an approximate $4 million remodel. The interior features white-washed ceilings and quartz flooring, with a 10-person bar, lounge area, dining area, and kitchen area with an extended cookline. The property includes a rear patio with perimeter stonework, imported olive tree planters, quartz flooring, sconces, string lighting, and a fireplace. Situated in the 'restaurant row' area of Santa Barbara, the building is near the Granada Theater and Arlington arts venues. The location benefits from ease of parking, a strong daytime population, and proximity to both local residents and the over 6 million annual tourists.

Key Highlights

  • Premier Santa Barbara location in the heart of the "restaurant row" area.
  • Recently completed ~$4M remodel transforming the space into a masterpiece.
  • Features a phenomenal rear patio with exquisite stonework, quartz flooring, fireplace, and imported olive tree planters.

Property Analytics

Current Use

Phoebe Brunner Art Gallery Azul Cocina Artesanal ... Restaurant La Cocina Restaurant

Suggested Use

Top Pick Pet Grooming Service Butcher (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,732
Businesses Nearby
233k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 26% Groceries 20% Shops & Services 16% Leisure 16%
Ralphs Groceries
46,819 visits/mo 0.3 miles
Marshalls Apparel
37,135 visits/mo 0.3 miles
Metropolitan Fiesta 5 Theatre Leisure
27,969 visits/mo 0.3 miles
Rusty's Pizza Parlor Dining
12,585 visits/mo 0.4 miles
Wells Fargo Shops & Services
12,320 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant building in prime location near arts venues.
Where is this conventional restaurant located?
The property is located at 7 E Anapamu St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Premier Santa Barbara location in the heart of the "restaurant row" area.; Recently completed ~$4M remodel transforming the space into a masterpiece.; Features a phenomenal rear patio with exquisite stonework, quartz flooring, fireplace, and imported olive tree planters.
More about this property
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