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$495,000 Just Listed
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Property Description
Highly profitable, turn-key frozen yogurt restaurant. Phenomenal numbers: ~29% cap rate if owner-absent, up to ~42% cap rate if owner provides labor. Located in a destination resort town on the coast in Santa Barbara County, known for its culture, food, and idyllic setting. Easy to learn the entire business in only a few hours, but seller will provide up to two weeks of training and assistance during transfer. The store takes only a single person present to run it, requiring about 70 to 80 hours of labor per week. Great location in a high-volume shopping center, only about 8 blocks to the beach. Established and well-known in the community, this store has been open for 18 years, with 7 years under current owner. Business for sale only, no real estate, but business includes ~$100,000 in specialized equipment, and would likely cost more than twice that to replace. Priced to sell as a high-value, high-return small business investment that will immediately perform. Owner strongly prefers all-cash offers. Location and business records to be withheld until signing of a non-disclosure agreement.
Full Property Details
Full Property Details for 0 State St
General
- Price: $495,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: V1-39231
- Updated: 10/12/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Business
- Business Type: Fast Food, Candy/Cookie, Food & Beverage, Ice Cream/F
- Year Established: 2007
Location
- County: Santa Barbara
- Driving Directions: Call listing agent
Structural Information
- Building Size: 826
- Square Feet: 826
Lot Features
- Lot Size (Acres): 0.019
- Useable Acres: .019
- Lot Size (Sq. Ft.): 826
- Lot Size Source: Seller
Financial Considerations
- Price Per Sq. Ft.: $599
Listed by Santa Barbara Estates, ChristopherPage
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Schools
Schools serving 0 State St
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
McKinley Elementary School, Santa Barbara, CA 350 Loma Alta Drive, Santa Barbara, CA 93109 | PK-6 | 0.8 mi |
La Cumbre Junior High School 2255 Modoc Road, Santa Barbara, CA 93101 | 7-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0 State St
Date
Details
Price
Change
Source
10/12/2026
Listed
$495,000
-95.05%
MLS
5/30/2025
Sold
$10,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,211
—
$153,000
-16%
2025
$2,211
2%
$181,203
2%
2024
$2,176
14%
$177,650
2%
2023
$1,915
2%
$174,167
2%
2022
$1,881
3%
$170,752
2%
2021
$1,834
1%
$167,404
1%
2020
$1,815
2%
$165,688
2%
2019
$1,783
1%
$162,440
2%
2018
$1,757
3%
$159,255
2%
2017
$1,699
-2%
$156,133
2%
2016
$1,742
1%
$153,072
2%
2015
$1,724
2%
$150,773
2%
2014
$1,697
—
$147,820
—
2013
$1,690
—
$147,152
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 State St
0 State Street, Santa Barbara, CA 93101 (MLS# V1-39231) is a Business property. 0 State Street is currently listed for $495,000 and was received on October 12, 2026. Want to learn more about 0 State Street? Do you have questions about finding other Business real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

