Great Investment Opportunity at 4 cap rate in the red hot 500 block of State St!!!. This beautifully remodeled building is leased to Pascucci restaurant w/ approximately 8 years remaining on an initial 10 year term. Building size is 2,824 SF plus 454 SF covered patio. 5 parking spaces in rear. Pascucci is a highly seasoned & successful operator w/ almost 30 years of presence in the Santa Barbara market! This Prime State St. location, in the heart of the State St pedestrian promenade has been a boon for businesses, allowing for street seating & great synergy from the surrounding food & beverage tenants + numerous hotels (including one under construction across the street) in the 5 block radius allowing for a highly diversified customer base of locals and tourists.