Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    38 Victoria St Santa Barbara, CA 93101

    Sponsored
    For Lease
    Contact for pricing

    Prime Downtown Santa Barbara Retail/Restaurant

    Lot size:
    183 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 183-square-foot restaurant space is available for lease within the Santa Barbara Public Market, a vibrant 19,867-square-foot food hall in the desirable Alma del Pueblo complex. Located in downtown Santa Barbara, this unique opportunity offers high visibility with nearly 65 feet of frontage along Victoria Street and two double-door entrances. The open floor plan fosters a collaborative atmosphere and maximizes foot traffic, benefiting from its location steps from the State Street corridor's shops and restaurants. The property boasts 42 common, covered parking spaces below the building with elevator access, supplemented by ample street parking and nearby city lots. The space is ideal for a restaurant operator seeking a high-traffic location near popular attractions such as the Granada, Arlington, and New Vic theaters, the SB Museum of Art, and the Santa Barbara County Courthouse. A short drive connects the property to the beach, Funk Zone, the harbor, and Santa Barbara City College. The lease terms are for 3-5 years, with a minimum base rent of $3,500 per month, plus 10% percentage rent on gross sales exceeding the minimum. Estimated monthly NNNs are $2,000, and utilities are approximately $200 per month. Space 105 (does not include a hood). The property's APN is 039-610-014, and it's conveniently located near Chapala Street.

    Property Features for 38 Victoria St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    183 SF

    Unit(s) available at that property

    Space
    105
    Size
    183 SF

    HighLights

    • Restaurant/Retail space for lease in the Santa Barbara Public Market, a 19,867 SF food hall.
    • 183 SF space available; no hood included.
    • Minimum base rent: $3,500/month; 10% percentage rent on gross sales above minimum; NNN expenses approx. $2,000/month; utilities approx. $200/month.
    • Located in the Alma del Pueblo complex, steps from State Street; high visibility with 65' of frontage on Victoria Street and two double‑door entrances.
    • 42 common, covered parking spaces below the building with elevator access; street parking and nearby city lots available.
    • Lease term: 3‑5 years; immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wexler’s Deli Deli Little Bird Kitchen Restaurant Empty Bowl Gourmet ... Thai Restaurant Corazon Cocina Mexican Restaurant Santa Barbara Public ... Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -119.7070539
    Latitude
    34.4236075

    Nearby Similar for Lease

    • $2 SF/Yr
      1,550 SF

      Santa Barbara Office Space For Rent

      1,550 SF office space in Santa Barbara's Lagoon District.
      735 E Haley St, Santa Barbara, CA 93103
      View Details
    • $30 SF/Yr
      6,500 SF

      Santa Barbara Industrial Warehouse

      6,500 SF Warehouse, Gated Yard, Hwy 101 Access
      519 Gutierrez St, Santa Barbara, CA 93103
      View Details
    • $17 SF/Yr
      14,368 SF

      Santa Barbara Warehouse - 14,368 SF

      Downtown Santa Barbara industrial warehouse, ample parking.
      415 Salsipuedes St, Santa Barbara, CA 93103
      View Details
    • $54 SF/Yr
      59,781 SF

      Downtown Santa Barbara Retail Space

      Prime State Street Retail/Restaurant Opportunity
      803-819 De La Guerra St, Santa Barbara, CA 93101
      View Details
    • $31 SF/Yr
      33,836 SF

      Downtown Santa Barbara Office Space

      Prime Santa Barbara Office & Retail
      600 Chapala St, Santa Barbara, CA 93101
      View Details
    • $27 SF/Yr
      3,572 SF

      Prime Downtown Santa Barbara Office

      Historic building, divisible suites, State Street views.
      3 De La Guerra St, Santa Barbara, CA 93101
      View Details
    • $23 SF/Yr
      4,560 SF

      Santa Barbara Office Suite for Lease

      Prime Office Space, Mountain Views, Beach Proximity
      201 Calle Cesar Chavez, Santa Barbara, CA 93103
      View Details
    • Contact for pricing
      2,650 SF

      Santa Barbara Executive Suites

      Prestigious Santa Barbara office space available.
      7 Figueroa St, Santa Barbara, CA 93101
      View Details
    • $23 SF/Yr
      31,407 SF

      Downtown Santa Barbara Fitness Space

      Prime State Street fitness/office space.
      820 State St, Santa Barbara, CA 93101
      View Details
    • $33 SF/Yr
      2,670 SF

      Prime Santa Barbara Medical Office Space

      2,670 SF Medical Office, 9 Parking Spaces
      317 Milpas St, Santa Barbara, CA 93103
      View Details
    • $75 SF/Yr
      21,995 SF

      Downtown Santa Barbara Office Suites

      Prime Santa Barbara Office Space Available
      7 Figueroa St, Santa Barbara, CA 93101
      View Details
    • $25 SF/Yr
      4,960 SF

      Santa Barbara Retail Space Available

      Prime State Street Retail, 1402 SF
      931 State St, Santa Barbara, CA 93101
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Downtown Santa Barbara Retail/Restaurant
    Where is this restaurant located?
    The property is located at 38 Victoria St Santa Barbara, CA.
    What are key features of this property?
    This property features: Restaurant/Retail space for lease in the Santa Barbara Public Market, a 19,867 SF food hall.; 183 SF space available; no hood included.; Minimum base rent: $3,500/month; 10% percentage rent on gross sales above minimum; NNN expenses approx. $2,000/month; utilities approx. $200/month.
    Request Owner's contact information
    38 Victoria St Santa Barbara, CA 93101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    38 Victoria St
    Santa Barbara, CA 93101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    38 Victoria St Santa Barbara, CA 93101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.