7 E Anapamu St Santa Barbara, CA 93101

Listing Agency: Berkshire Hathaway HomeServices California Properties m***@gmail.com Show Phone

Listed By: Mitch Stark Show Phone

Source: Exprealty

Added: Mar 16 Changed: Jul 25 Last Checked: Jul 25 at 1:50PM

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Investment Insights

Based on property information with market context.

This single-tenant NNN leased restaurant has been substantially remodeled, transitioning from the former Arts and Letters Café into a design-forward space. The interior includes dramatic white-washed ceilings, quartz flooring, a 10-person bar, and an intimate dining area. The property is presented as fully ADA compliant and fire sprinklered.

A standout feature is the large rear patio with seating for 66, supported by perimeter stonework, imported olive tree planters, stylish sconces, string lighting, and a fireplace. The location is in Santa Barbara’s Arts District near the Granada and Arlington theaters.

The offering is presented as a leased investment with a stated 5.85% cap rate.

Key Highlights

• Single‑tenant NNN leased restaurant investment with stated 5.85 cap
• Approx. $4M remodel transformed the former Arts and Letters Cafe into a restaurant concept
• ADA compliant and fire sprinklered

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FAQs

What type of property is this?

Conventional restaurant - Single-tenant NNN restaurant with ADA compliance, fire sprinklers, and a rear patio built for group seating.

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: Single‑tenant NNN leased restaurant investment with stated 5.85 cap; Approx. $4M remodel transformed the former Arts and Letters Cafe into a restaurant concept; ADA compliant and fire sprinklered