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- LoopNet Team
1 State St
Santa Barbara, CA 93101
The former "Eladio's" · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 1981 |
| Property Subtype | Restaurant | Cross Streets | State St & W Cabrillo Blvd |
| Gross Leasable Area | 3,660 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,660 SF |
| Year Built | 1981 |
| Cross Streets | State St & W Cabrillo Blvd |
About the Property
FOR LEASE bar and restaurant with all improvements in place. The BEST location in Santa Barbara! On the waterfront, at the corner of State and Cabrillo Streets. Fifty feet from the dolphin fountain at the pier. Includes Type 47 ABC License (full liquor), front and back patio seating, and complete chef's kitchen with two hood systems (Type I), grease trap, walk-in cooler and granite bar. Incredible savings compared to other purchase and lease opportunities, that require the purchase of a liquor license ($235,000) and build outs of $1M plus. Asking price is $5 per square foot, plus NNN, charged on interior space only. Offering a 10 year lease, with (2) 5-year options.
- Corner Lot
- Courtyard
- Signalized Intersection
- Waterfront
- Air Conditioning
