Turn-Key Downtown Restaurant
For Sale
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738 State St, Santa Barbara, CA 93101
Turn-key restaurant with patio seating, State Street seating, a second-floor mezzanine, and a ventilation system for hot pot service.
Property Size2,416 SF
Days on Market269
Property Features for 738 State St
General Information
Standard status
Active
Size
2,416 SF
Property subtype
Commercial
Listing Agency:
Hayes Commercial Group
Listed By:
Dylan Ward · License #01472452
(805) 898-4392
Source:
Santabarbarahomesearcher
Added: Dec 13, 2025
Changed: Sep 8
Last Checked: Sep 7 at 3:16PM
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 Hayes Commercial Group
Investment Insights
Based on property information with market context.
This turn-key restaurant space is configured for full-service dining, with State Street seating and a rear patio. The property includes a second-floor mezzanine area for office and/or storage, along with a ventilation system designed for hot pot style service. Previously operated as a sushi Shabu Sahbu Japanese restaurant, the space is offered with seating elements already in place.
Located at 738 State St in downtown Santa Barbara, the property benefits from a nearby concentration of retail activity. Public remarks note the site is next to McConnell’s Fine Ice Creams and Lululemon, with plentiful foot traffic and nearby public parking.
Additional exterior amenities include a 443 SF patio at the rear facing De la Guera Plaza, providing an outdoor seating option in the restaurant layout.
Located at 738 State St in downtown Santa Barbara, the property benefits from a nearby concentration of retail activity. Public remarks note the site is next to McConnell’s Fine Ice Creams and Lululemon, with plentiful foot traffic and nearby public parking.
Additional exterior amenities include a 443 SF patio at the rear facing De la Guera Plaza, providing an outdoor seating option in the restaurant layout.
Key Highlights
- Turn‑key restaurant space in downtown Santa Barbara, next to McConnell's Fine Ice Creams and Lululemon
- 443 SF rear patio facing De la Guera Plaza
- State Street seating plus a second‑floor mezzanine for office/storage
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,836
Businesses Nearby
334k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 27%
Groceries 21%
Shops & Services 12%
Leisure 11%
Ralphs
Groceries
46,819 visits/mo
0.4 miles
Marshalls
Apparel
37,135 visits/mo
0.2 miles
Metropolitan Fiesta 5 Theatre
Leisure
27,969 visits/mo
0.2 miles
World Market
Home Improvements & Furnishings
25,963 visits/mo
0.1 miles
Smart & Final
Groceries
22,316 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant with patio seating, State Street seating, a second-floor mezzanine, and a ventilation system for hot pot service.
Where is this conventional restaurant located?
The property is located at 738 State St Santa Barbara, CA.
What are key features of this property?
This property features: Turn‑key restaurant space in downtown Santa Barbara, next to McConnell's Fine Ice Creams and Lululemon; 443 SF rear patio facing De la Guera Plaza; State Street seating plus a second‑floor mezzanine for office/storage
