216 W Cabrillo Blvd
216 W Cabrillo Blvd, Santa Barbara, CA 93101
216 W. Cabrillo Blvd offers a rear 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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Radius Commercial Real Estate
Radius Commercial Real Estate
Building Details
- For Sale $5,750,000
- Property Type Retail - Restaurant
- Property Size 3,257 SF
- Lot Size 0.21 Acre
- Cap Rate % 4.43
- Zoning HRC-1
- Date Updated Apr 8, 2026
Getting Around
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Walk Score ®
Very Walkable (81) -
Transit Score ®
Some Transit (37) -
Bike Score ®
Biker's Paradise (99)
Location
- City Santa Barbara, CA
- Neighborhood West Beach
- Zip Code 93101
- Market Central Coast
Points of Interest
Zoo Train
1.67 miles
SBA Economy Lot 3
8.24 miles
SBA Terminal
8.25 miles
SBA Economy Lot 2
8.27 miles
SBA Economy Lot 1
8.30 miles
Goleta
8.83 miles
ChargePoint
0.88 miles
Santa Barbara Gas
0.93 miles
Arco
1.12 miles
eVgo
1.25 miles
Fuel Depot
1.87 miles
Village Service Station
3.85 miles
True Zero
3.86 miles
Conserv Fuel
3.87 miles
City Lot #12
0.38 miles
1A East Campus Lot
0.40 miles
Coast Guard
0.45 miles
Lot 2c
0.50 miles
Lot 3
0.57 miles
Lot 5-1
0.65 miles
Lot 5-2
0.67 miles
Lot 5-3
0.67 miles
City Lot #10
0.69 miles
Smart & Final
0.61 miles
Paseo Nuevo Mall
0.79 miles
Nordstrom
0.81 miles
Marshalls
0.89 miles
Tino's Italian Grocery
0.95 miles
Ralphs
0.97 miles
Sprouts Farmers Market
1.15 miles
Trader Joe's
1.20 miles
Tri-County Produce
1.21 miles
216 W Cabrillo Blvd Listing Summary
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What is the asking price at 216 W Cabrillo Blvd?
216 W Cabrillo Blvd is currently listed for sale at Contact for pricing.
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What is the total size of 216 W Cabrillo Blvd?
216 W Cabrillo Blvd has a total of 3,257 square feet.
