2325 Varley St - Retail FOR SALE


Summerland, CA 93067
$5,300,000 USD
805-455-6891
2325 Varley St, Summerland, CA for Sale
$5,300,000 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

2325 Varley St
Summerland, CA 93067


HIGHLIGHTS

  • Building consists of 2 Residential (most recently used as vacation rentals) + 2 Commercial units
  • ±5,932 SF building size includes building interior, patios and storage (buyer to verify)
  • Residential Unit Mix: 2 x 2BD/2BA
  • One of Summerland’s best-built properties, right at the center of it all
  • Flexibility for an Owner-User or Investor
  • Currently vacant, the property offers a true "blank slate"

OVERVIEW

Summerland’s Sweet Spot: Trophy Mixed-Use Asset at the Center of It All Positioned in the heart of Summerland, 2330 Lillie Ave presents a rare opportunity to acquire one of the area’s highest-quality mixed-use assets. Widely regarded as one of the best-built buildings in Summerland, the property is in exceptional condition and offers flexibility for an owner-user or investor. A standout feature is the expansive outdoor patio areas, which enhance both the residential and commercial components—creating an elevated lifestyle experience and highly attractive retail setting in this sought-after coastal market. The building includes two well-designed 2-bedroom, 2-bath residential units—ideal for long-term tenants or premium short-term rentals—alongside two ground-floor commercial suites that can be leased separately or combined. This versatile layout supports multiple income strategies. Currently vacant, the property offers a true “blank slate” for an investor to establish market rents or for an owner-user to occupy all or part of the building. Ample on-site parking, including two private two-car garages, further enhances tenant appeal.

FOR SALE DETAILS

PRICE

$5,300,000 USD

PRICE/SF

$893 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Summerland Trophy Mixed-Use Asset

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,731 SF

ZONING

C-1

APN/PARCEL ID

055-182-008

ASK ABOUT THIS PROPERTY

Paul GamberdellaRadius Commercial Real EstateMore Info
805-455-6891

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Paul GamberdellaRadius Commercial Real EstateMore Info
805-455-6891

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.