Turn-Key Restaurant Space For Lease | Prime Downtown Opportunity

20 W Figueroa St, Santa Barbara, CA 93101

Property Information

  • For Lease Contact for pricing
  • Property Type Retail
  • Date Updated May 19, 2026

Description

Located in the heart of Downtown Santa Barbara, 20 W Figueroa Street sits within an iconic 1931 Edwards & Plunkett–designed building, offering a rare blend of architectural charm and modern commercial potential. The site carries a rich 80‑plus‑year legacy as a home for bar and restaurant concepts, most recently occupied by the well‑known Riviera Bar, which closed in February 2026—leaving the space turn‑key ready for a new hospitality operator.

Highlights

  • ±2,000 SF
  • 2 ADA | Unisex Restrooms
  • Fully built-out commercial kitchen
  • Historic architectural appeal-a marketing asset for any brand
  • Public Lot-Adjacent to City Lot #3 & #4
  • Turn-key former restaurant/bar layout
  • Walk-In Refrigeration & Dedicated Storage

1 Space Available

Space Available

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

2,000 SF

Divisible Space

2,000 - 2,000 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Build Type

Full build out

Turnkey

Yes

Contacts

Austin Herlihy

Colliers

Miles Waters

Colliers

Mike Chung

Location

Contact Turn-Key Restaurant Space For Lease | Prime Downtown Opportunity
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