Description

20 West Figueroa Street is a restaurant and bar leasing opportunity in Downtown Santa Barbara. Set within a 1931 Edwards & Plunkett-designed building with 2,000 SF of gross leasable area, it offers a built-out hospitality setting for an operator seeking an established address.

The former restaurant and bar layout gives an incoming operator a starting point for planning service, preparation and storage. It includes a commercial kitchen, walk-in refrigeration, dedicated storage, a stockroom and two ADA unisex restrooms. The building’s architectural character also gives a hospitality brand a setting distinct from a generic retail interior. Its history as a bar and restaurant address spans more than 80 years; most recently, the space housed Riviera Bar, which closed in February 2026.

In the heart of Downtown Santa Barbara, the property puts a hospitality concept in a setting already associated with dining and social use. Adjacent public parking at City Lots #3 and #4 provides a practical reference point for guests planning a visit. For an operator shaping the next concept at this address, the combination of downtown location, recognizable building character and former restaurant configuration keeps the focus on the customer experience as well as day-to-day operations.

The opportunity is positioned for an occupier that wants a restaurant and bar layout rather than an undifferentiated retail shell. C-G zoning and the existing hospitality improvements give prospective tenants concrete points around which to plan a concept and discuss lease terms. Review the Offering Memorandum and Brochure for a closer look at 20 West Figueroa Street.