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    738 State St Santa Barbara, CA 93101

    Sponsored
    For Lease
    $51 SF/Yr

    Turn-key restaurant, prime location.

    Lot size:
    2,416 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,416 square foot restaurant space is ideally situated in the vibrant heart of downtown Santa Barbara at 738 State Street, near the intersection of De La Guerra. The property boasts a highly desirable single-tenant occupancy and benefits from exceptional foot traffic due to its proximity to popular establishments like McConnell's Fine Ice Creams and Lululemon. A significant advantage is the inclusion of a 443 square foot rear patio overlooking De la Guerra Plaza, providing ample outdoor seating opportunities. Further enhancing the space is the inclusion of State Street frontage seating and a second-floor mezzanine, perfect for office space or additional storage. The property's previous use as a sushi and Shabu-Shabu restaurant ensures the presence of existing infrastructure, including a fully functional ventilation system designed for hot pot style service. This turnkey opportunity presents a rare chance to establish or relocate a restaurant business in one of Santa Barbara's most coveted locations. The property is located in Santa Barbara County, California, zip code 93101. Public parking is readily available nearby. This is a retail space categorized as a restaurant.

    Property Features for 738 State St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,416 SF

    Unit(s) available at that property

    Space
    Size
    2,416 SF
    Rate per SF
    $51

    HighLights

    • 2,416 SF restaurant space in prime downtown Santa Barbara location at 738 State Street.
    • $4.25/SF/Year Gross Rent.
    • Immediately available.
    • Two private restrooms.
    • Ground floor space with mezzanine.
    • No elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.6990331
    Latitude
    34.4196939

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    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant, prime location.
    Where is this restaurant located?
    The property is located at 738 State St Santa Barbara, CA.
    What is the lease rate?
    The lease rate is $51 SF/Yr.
    What are key features of this property?
    This property features: 2,416 SF restaurant space in prime downtown Santa Barbara location at 738 State Street.; $4.25/SF/Year Gross Rent.; Immediately available.
    Request Owner's contact information
    738 State St Santa Barbara, CA 93101
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    Santa Barbara, CA 93101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    738 State St Santa Barbara, CA 93101
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