437 2nd St - Restaurant FOR SALE


Solvang, CA 93463
$5,999,000 USD
800-959-5717
437 2nd St, Solvang, CA for Sale
$5,999,000 USD
Restaurant - FOR SALE
1/29
null | Request Cap Rate

437 2nd St
Solvang, CA 93463


HIGHLIGHTS

  • Downtown Solvang
  • Exclusive Owner Penthouse with four stop elevator
  • Retail, Hotel, and Restaurant use upside
  • Detailed Danish Architecture

OVERVIEW

This stunningly designed DT Solvang commercial building showcases outstanding architectural details and an impressive penthouse with a private elevator spanning four floors. The penthouse includes three bedrooms, two fireplaces, and Douglas fir beams, vaulted ceilings, and breathtaking city and mountain views. You will find a 30 plus seat restaurant with patio, and five retail and office spaces, ideal for conversion into vacation rental units, complemented by a carport and onsite parking. ADA-compliant restrooms are available, along with a one-bedroom short-term rental unit that generates income and high ratings. This unique property is perfect for downtown owner-occupied living, offering additional rental income potential and conveniently located across from the Solvang Festival Theater.

FOR SALE DETAILS

PRICE

$5,999,000 USD

PRICE/SF

$729 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

TRC

APN/PARCEL ID

139-191-012

ASK ABOUT THIS PROPERTY

Allan JonesSanta Ynez Valley Real Estate Company, IncMore Info
800-959-5717

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Allan JonesSanta Ynez Valley Real Estate Company, IncMore Info
800-959-5717

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