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Single Tenant NNN leased investment at 5.85 cap. The approximate $4M remodel has transformed the former Arts and Letters Cafe into a true masterpiece, featuring dramatic white washed ceilings, gorgeous quartz flooring, 10 person bar, & intimate dining area. The phenomenal large rear patio with seating for 66 is one of the best patios in all of Santa Barbara, featuring exquisite perimeter stonework along with imported olive tree planters, stylish sconces, string lighting, and fireplace. Fully ADA compliant and fire sprinklered. Perfectly located in the SB Arts District - near the Granada and Arlington theaters, in ''restaurant row'' where many long term, well established, successful operators are located. Please do not disturb tenant!
Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is ...
Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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