436 Alisal Rd - Storefront Retail/Office FOR SALE


Solvang, CA 93463
$3,000,000 USD
818-259-0476
436 Alisal Rd, Solvang, CA for Sale
$3,000,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | Request Cap Rate

436 Alisal Rd
Solvang, CA 93463


HIGHLIGHTS

  • Offered at approximately $3,000,000, or about $389 per square foot across ±7,711 square feet, a compelling entry point for trophy village retail.
  • The Seller is open to providing financing to a qualified Buyer. Please contact the broker for details.
  • The Hygge Tower residential rental unit contributes inflation resistant income potential in addition to a diversified use for the property.
  • Most photographed site in Solvang, anchoring the Danish village theme at the hard-corner of Alisal Road.
  • Fully leased across eight (8) units, with diversified income anchored by established local retailers including The Right Gift and Tower Pizza.
  • Solvang draws roughly one (1) million visitors per year, funneling foot traffic directly past the property on the village’s principal corridor.

OVERVIEW

Iconic Commercial Landmark in the Heart of Solvang. Excellent Basis and Long-Term Value-Add.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

CROSS STREETS

Molle Way

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Village Mixed-Use

APN/PARCEL ID

139-240-084

ASK ABOUT THIS PROPERTY

Patrick WadeCBRE, Inc.More Info
818-259-0476

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Patrick WadeCBRE, Inc.More Info
818-259-0476

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