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$4,300,000 -$350,000 (-7.53%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 2,250 Sq. Ft.
  • 0.12 Acres
  • Updated 1 day ago
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Single Tenant NNN leased investment at 5.85 cap. The approximate $4M remodel has transformed the former Arts and Letters Café 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!

Full Property Details for 7 E Anapamu St

General

  • Price: $4,300,000
  • Status: Active
  • Type: Commercial
  • Source: SBAOR
  • MLS ID: 26-826
  • Updated: 7/20/2026
  • Added to Site: 126 day(s) ago

Business

  • Business Type: Food & Beverage

Rooms

Bathrooms

  • Total Bathrooms: 2

Parking

  • Parking Features: Public Lot

Location

  • Area: 15 - SB/EAST OF STATE
  • County: Santa Barbara
  • Cross Streets: State St
  • Driving Directions: 1/2 b k

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes

Structural Information

  • Square Feet: 2,250
  • Living Area: 2,250 Sq. Ft.
  • Property Condition: Excellent

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size: 5227
  • Zoning: C-2

Financial Considerations

  • Terms: Cash, Conventional
  • Tenant Pays: Int Main, Janitr, Trash Collection, Taxes, Gas, Heat

Disclosures and Reports

  • Property ID: 039-183-041

Listed by Berkshire Hathaway HomeServices California Properties

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— 7 E Anapamu St —

  • Berkshire Hathaway HomeServices California Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 7 E Anapamu St

School District:Santa Barbara Unified School District
NameGradesDistance
Roosevelt Elementary School, Santa Barbara, CA
1990 Laguna Street, Santa Barbara, CA 93101
K-61 mi
Santa Barbara Junior High School
721 East Cota Street, Santa Barbara, CA 93103
7-81 mi
Santa Barbara Senior High School
700 East Anapamu Street, Santa Barbara, CA 93103
9-120.7 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 7 E Anapamu St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/20/2026
Price Reduced
$4,300,000
-7.53%
MLS
3/16/2026
Listed
$4,650,000
75.47%
MLS
5/13/2015
Sold
$2,650,000
—
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 7 E Anapamu St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,148
—
$3,326,672
2%
2025
$36,148
2%
$3,261,444
2%
2024
$35,559
7%
$3,197,495
2%
2023
$33,263
2%
$3,134,803
2%
2022
$32,692
2%
$3,073,337
2%
2021
$31,942
-16%
$3,013,077
-16%
2020
$37,959
1%
$3,582,182
22%
2019
$37,437
1%
$2,925,082
2%
2018
$36,995
8%
$2,864,101
2%
2017
$34,239
22%
$2,800,218
4%
2016
$28,163
314%
$2,690,411
323%
2015
$6,802
2%
$635,826
2%
2014
$6,692
—
$623,372
—
2013
$6,662
—
$620,556
—
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.

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7 E Anapamu Street, Santa Barbara, CA 93101 (MLS# 26-826) is a Commercial property. 7 E Anapamu Street is currently listed for $4,300,000 and was received on March 17, 2026. Want to learn more about 7 E Anapamu Street? Do you have questions about finding other Commercial real estate for sale in East Of State? You can browse all East Of State real estate or contact a Coldwell Banker agent to request more information.

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