$5,750,000

216 W Cabrillo Boulevard, SANTA BARBARA CA, 93101

Price per sqft$1,765.43

Property size3,257 sqft

Property typeCommercial

Courtesy of Gene Deering, Radius Group Commercial R.E.

Overview

Active

Listed Mar 5, 2026

Updated Jun 10

A rare opportunity to acquire a premier, income-producing coastal asset in the heart of Santa Barbara. The property is fully leased to Chad's Restaurant, a long-standing and well-recognized local operator (est. 1957), providing stable base rent with additional upside through a percentage-rent structure tied directly to sales performance. Situated along Santa Barbara's iconic waterfront corridor, the property benefits from exceptional visibility, strong foot traffic, and immediate proximity to West Beach, the Harbor, Stearns Wharf, and downtown amenities. This irreplaceable location, combined with a proven tenant and built-in revenue growth potential, positions 216 W. Cabrillo Boulevard as a true trophy investment in one of California's most supply-constrained coastal markets.

Additional information

MLS^® ID: 26-694

Interior Features

Bedrooms: 0
Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.21 Acres

Listed by Radius Group Commercial R.E., Gene Deering,
Listing Contact: [email protected]

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Data last updated 7:04 PM UTC, 6/10/2026