428 Chapala St

Santa Barbara, CA 93101
  • $2,750,000

    Price
  • 3,020

    SqFt

About the Listing VV12542 - VC159524029

428 Chapala St. is a +/-3,020 SF freestanding commercial building on a +/-16,117 SF parcel (0.37 AC) in the heart of downtown Santa Barbara, offered at $2,750,000. Operating today as a fully functional restaurant and formerly home to Sevilla, the property pairs 30 plus on site parking spaces with a +/-480 SF basement, making it an exceptionally rare downtown asset. It is occupied on a month to month basis and available on short notice for owner user occupancy or redevelopment.The building has been significantly upgraded in recent years, including restrooms, ADA work, building systems, and interior finishes, and is improved as a turnkey commercial kitchen. The month to month tenancy delivers income in place today with the flexibility to take occupancy or reposition on short notice. An owner user or restaurant operator can step into a fully built out, revenue generating F&B asset with an established dining pedigree, while an investor holds a leased property in one of the strongest corridors on the Central Coast.

Listing Highlights for 428 Chapala St

Status Active
Days on Site 29
Property Type Commercial Sale
MLS ® V1-38796
Year Built
Total Square Footage 3,020

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: See Remarks
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Sprinklers None,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 037211026
  • Tax Year: N/A

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Listing Location

Questions About..

428 Chapala St Santa Barbara, CA 93101

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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