431 State Street, SANTA BARBARA, CA 93101 (MLS# 26-1602)

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431 State Street, SANTA BARBARA, CA 93101

$1,750,000

Property Type: Commercial Sale Baths: 2 Square Footage: 2,489 Status: Active

Current Price: $1,750,000 List Date: 5/14/2026 Last Modified: 5/14/2026

Overview

Description

Well located downtown restaurant available for sale for the first time in more than 60-years. Located just a short distance from the Wharf. This part of State Street is in the midst growth and change as a result of the investments UCSB has made with their purchase of the 80-unit apartment building and Meeting Hall across the Street. As well as two music venues planned for the former ''Casa Blanca restaurant'' on Gutierrez & State Streets. This is an opportunity for a owner/user or investor to take advantage of the growing energy of what is taking place in this area and along State Street.

Listing Details MLS# 26-1602

Location Info

District: 20 - SB/WEST OF STATE
Street #: 431
Street Name: State
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
County: Santa Barbara
Parcel Number: 037-211-008
Cross Street: Haley

Contract Info

Price: 1750000
Begin Date: 2026-05-14

Property Information

TYP: Retail
For Sale/Lease: For Sale
Total Bathrooms: 2
Total SqFt.: 2489
#Offices: 0

Owner Info

Deposit: 52500

Remarks

Hot Sheet Comment: new

Condition

Average: Yes

More Information

Zoning

C-M: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

EA: Yes

Business Type

Restaurant: Yes

Parking

Pub/Lot: Yes

Property Features

Business Type: Restaurant Zoning: C-M Condition: Average Parking: Pub/Lot Terms: Cash; Conventional Listing Type: EA

Listing Office: Radius Group Commercial R.E.

Last Updated: May - 14 - 2026

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