Map of Property

216 W Cabrillo Blvd

For Sale

216 W Cabrillo Blvd, Santa Barbara, CA 93101

This Santa Barbara property for sale is located at 216 W Cabrillo Blvd. The current listed sale price for 216 W Cabrillo Blvd is $5,750,000. 216 W Cabrillo Blvd is situated on a lot that is 0.21 acre in size.

Contacts

Brad Frohling

Radius Commercial Real Estate

Gene Deering

Radius Commercial Real Estate

Property Details

  • Property Type Retail - Restaurant
  • Property Size 3,257 SF
  • Lot Size 0.21 Acre
  • Cap Rate % 4.43
  • Zoning HRC-1
  • Date Updated May 29, 2026

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.

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Getting around

  • 81/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 99/100

    Bike Score ®

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Location

  • City Santa Barbara, CA
  • Neighborhood West Beach
  • Zip Code 93101
  • Market Central Coast

Points of Interest

  • Santa Barbara

    0.25 miles

  • 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

  • Chevron

    0.29 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

  • Pershing Parking Lot

    0.31 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

  • Chad's

    0.00 miles

  • Harbor Snack Shack

    0.15 miles

  • Rode Room

    0.19 miles

  • Due Lune

    0.21 miles

  • Rusty's Pizza Parlor

    0.22 miles

  • Finney's Crafthouse

    0.22 miles

  • Rudy's Mexican

    0.24 miles

  • Santo Mezcal

    0.25 miles

  • Goat Tree

    0.26 miles

  • Bluewater Grill

    0.27 miles

  • Santa Cruz Market

    0.30 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

Contact 216 W Cabrillo Blvd
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