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Restaurant Space with Patio

751 Linden Ave, Carpinteria, CA 93013

For Sale
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A Type 1 hood and above-ground grease trap support restaurant use at this Linden Avenue property.

Property Size929 SF
Days on Market115

Property Features for 751 Linden Ave

General Information

Standard status Active
Size 929 SF
Property subtype Commercial

Restaurant

Hood Type Type I
Commercial Hood Yes
Grease Trap Yes
Patio Yes

Amenities

type 1 hood
above ground grease trap
outdoor rear patio
Listing Agency: Hayes Commercial Group
Listed By: Caitlin Hensel · License CA #01893341
Source: Santabarbarahomesearcher
Added: Jul 22 Changed: Nov 10 Last Checked: Nov 10 at 2:21PM

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

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Investment Insights

Based on property information with market context.

At 751 Linden Avenue, this restaurant and retail property includes a Type 1 hood, an above-ground grease trap, and an outdoor patio at the rear of the building. The space is located in Carpinteria, about half a mile from the beach.

Nearby businesses and destinations include Rori’s Creamery, Linden Square, Little Dom’s Seafood, and The Palms, a hospitality project currently underway.

Key Highlights

  • Restaurant space includes a Type 1 hood
  • Above‑ground grease trap in place
  • Outdoor patio at the rear

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,437
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,740 $288.7K
Cap Rate 7%
$206,243 $206.2K
Cap Rate 9%
$160,411 $160.4K
Market Conditions
NOI Build-Up for 929 SF
Gross rent
$22.3K $24.00/SF
− Vacancy
−$1.7K −$1.80/SF
EGI
$20.6K $22.20/SF
− OpEx
−$6.2K −$6.66/SF
NOI
$14.4K $15.54/SF
Area
Santa Barbara County, CA
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,740
Cap Rate 7%
$206,243
Cap Rate 9%
$160,411

Alternative Uses

Best Use
Specialty Retail
$207.9K
$181.9K – $242.6K (±1% cap)
NOI $14,553 @ 7.0% cap
Second Best
Retail
$206.2K
$180.5K – $240.6K (±1% cap)
NOI $14,437 @ 7.0% cap
Theoretical Best
Multifamily LT 5
$291.6K
$255.1K – $340.2K (±1% cap)
NOI $20,410 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tacos Don Roge Restaurant Rori's Artisanal Creamery Grocery & Convenience Store

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Home Appliance Store Cafe & Coffee Shop Storage Facility

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

Lease Details

Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

1,018
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Groceries 40% Hotels & Casinos 9% Shops & Services 5%
Smart & Final Groceries
16,116 visits/mo 0.2 miles
Rusty's Pizza Parlor Dining
8,697 visits/mo 0.4 miles
Carl's Jr. Dining
6,156 visits/mo 0.4 miles
Best Western Plus Carpinteria Inn Hotels & Casinos
3,463 visits/mo 0.4 miles
SUBWAY Dining
2,856 visits/mo 0.5 miles

Demographics for 93013, CA

16,299
Population
7,640
Households
2.1
Avg Household Size
45
Median Age
46%
College-Educated
87%
High-School Grad
41.4 sq mi
ZIP Area
394
Density / Sq Mi
$115,633
Median Household Income
$49,017
Median Earnings
$2,331
Median Rent
$1,074,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Santa Barbara County, CA

$648 Jul
$477 Aug
$578 Sep
$682 Oct

Properties on Market for Conventional restaurants in Santa Barbara County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A Type 1 hood and above-ground grease trap support restaurant use at this Linden Avenue property.
Where is this conventional restaurant located?
The property is located at 751 Linden Ave Carpinteria, CA.
What are key features of this property?
This property features: Restaurant space includes a Type 1 hood; Above‑ground grease trap in place; Outdoor patio at the rear
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Includes: Price & PSF · Cap rate · Location · Zoning

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