428 Chapala Street, SANTA BARBARA, CA 93101 (MLS# 26-3137)

428 Chapala Street, SANTA BARBARA, CA 93101

$2,750,000

Property Type: Commercial Sale Lot Size (sq. ft.): 16,117 Status: Active

Current Price: $2,750,000 List Date: 9/17/2026 Last Modified: 9/17/2026

Overview

Description

428 Chapala St. is a ±3,020 SF freestanding commercial building on a ±16,117 SF parcel in downtown Santa Barbara, offered at $2,750,000. Currently a fully built-out restaurant with 30+ parking spaces and a ±480 SF basement, the property is occupied month-to-month, providing income with immediate flexibility for owner-user occupancy or redevelopment. Recent upgrades include ADA improvements, restrooms, building systems, and interior finishes, creating a turnkey commercial kitchen. A rare opportunity for restaurateurs, owner-users, or investors in one of the strongest Central Coast corridors.

Listing Details MLS# 26-3137

Location Info

District: 20 - SB/WEST OF STATE
Street #: 428
Street Name: Chapala
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
County: Santa Barbara
Parcel Nbr: 037-211-026
Cross Street: Haley

Contract Info

Price: 2750000
Begin Date: 2026-09-17

Property Information

TYP: Retail
For Sale/Lease: For Sale
#Offices: Yes
Apx # Acres: 0.37

Owner Info

Deposit: 3
Deposit Type: %

Remarks

Hot Sheet Comment: new

More Information

Property Features

Zoning: C-M Terms: Cash; Conventional Listing Type: ER

Listing Office: Colliers International Greater Los Angeles, Inc.

Last Updated: September - 17 - 2026

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