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$2,399,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 4,050 Sq. Ft.
  • 0.07 Acres
  • Updated 2 days ago
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Great investment opportunity on State Street. The building Has been used as a Prominent Restaurant in downtown Santa Barbara dating back to the early 1940s. The building is located in the hearth of the downtown professional district of Santa Barbara with vaulted ceilings, skylights, brand new HVAC and roof ( 2019), and outdoor heated patio on State Street. Private remodeled 2 offices with private bathroom upstairs.

Full Property Details for 1027 State

General

  • Price: $2,399,000
  • Status: Active
  • Type: Commercial
  • Source: MRMLS
  • MLS ID: PI26231198
  • Updated: 10/26/2026
  • Days on Market: 3 days
  • Added to Site: 3 day(s) ago

Rooms

Other Rooms

  • Laundry: None

Location

  • County: Santa Barbara
  • Driving Directions: State Street, Santa Barbara

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Forced Air, Central

Structural Information

  • Roof: Flat
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Building Size: 4050
  • Square Feet: 4,050

Lot Features

  • Lot Size (Acres): 0.07
  • Useable Acres: .07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Size Source: Assessor
  • Lot Features: Level with Street, Walkstreet
  • Lot Description: Level with Street, Walking Street

Financial Considerations

  • Price Per Sq. Ft.: $592

Disclosures and Reports

  • Property ID: 39281013

Listed by Berari Realty, Inc., AdrianBerari

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Listing agent

— 1027 State —

  • AdrianBerari

    Berari Realty, Inc.

805-637-3482

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1027 State

School District:Santa Barbara Unified School District
NameGradesDistance
Santa Barbara Junior High School
721 East Cota Street, Santa Barbara, CA 93103
7-80.9 mi
Santa Barbara Senior High School
700 East Anapamu Street, Santa Barbara, CA 93103
9-120.8 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 1027 State Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/26/2026
Listed
$2,399,000
44.52%
MLS
5/24/2022
Sold
$1,660,000
—
Public Record
Get Price Alerts and Save Property
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 for 1027 State

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,869
2%
$1,959,200
2%
2024
$21,521
—
$1,920,785
2%
2024
$21,521
10%
$1,883,124
2%
2023
$19,624
69%
$1,846,200
69%
2022
$11,646
2%
$1,089,927
2%
2021
$11,376
167%
$1,068,557
170%
2020
$4,262
2%
$396,107
2%
2019
$4,188
1%
$388,341
2%
2018
$4,128
3%
$380,727
2%
2017
$3,992
1%
$373,263
2%
2016
$3,968
1%
$365,945
2%
2015
$3,924
2%
$360,449
2%
2014
$3,862
—
$353,389
—
2013
$3,844
—
$351,793
—
View All
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 for 1027 State

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Berari Realty, Inc., AdrianBerari

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1027 State, Santa Barbara, CA 93101 (MLS# PI26231198) is a Commercial property. 1027 State is currently listed for $2,399,000 and was received on October 26, 2026. Want to learn more about 1027 State? Do you have questions about finding other Commercial 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.

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