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    Solvang, CA
    Conventional Restaurant

    Solvang, CA Conventional Restaurants for Sale

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    Downtown Mixed-Use Building with Penthouse
    Updated: Jun 14
    Downtown Mixed-Use Building with Penthouse

    437 2nd Street, Solvang, CA 93463

    $3,150,000
    6,911 sqft 0.16 AC lot
    Commercial building built in 1981 with five retail/office spaces and on‑site parking
    Penthouse includes a private elevator spanning four floors
    Penthouse features 3 bedrooms, 2 fireplaces, Douglas fir beams, and vaulted ceilings
    30+ seat restaurant with patio plus additional retail/office space
    ADA‑compliant restrooms and a one‑bedroom short‑term rental unit
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    This listing looks promising.

    Here's a quick look at some key insights for

    437 2nd Street, Solvang, CA 93463

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $137K
      Annual

    • Price @ 7% Cap

      $1.95M
      Suggested

    • Last Sold

      Mar 2019
      $750K
    View Property Analytics
    Leased Corner Restaurant Property
    Updated: Jun 24
    Leased Corner Restaurant Property

    1557 Mission Drive, Solvang, CA 93463

    $2,200,000
    3,754 sqft 0.17 AC lot
    High‑visibility corner location in Solvang fronting Mission Drive (Highway 246)
    Zoned Village Mixed Use and currently leased to The Gathering Table restaurant
    Seating capacity of 126+/- indoors and 75+/- outdoor patio seating
    Restaurant is described as farm‑to‑table cuisine (The Gathering Table)
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    Mixed-Use Landmark Building
    Mixed-Use Landmark Building

    1635 Mission Drive, Solvang, CA 93463

    Contact for pricing

    Built in 2009, the property features two second-floor apartments plus a restaurant with included furniture and equipment.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Solvang, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Tenant Office and Retail Property
    Multi-Tenant Office and Retail Property

    7a-1414 S Miller Street, Santa Maria, CA 93454

    $6,695,000

    Courtyard-style mixed-use with office suites, a restaurant, and 103 parking spaces.

    View details
    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    3609 State Street, Santa Barbara, CA 93105

    $6,750,000

    Multi-tenant retail center with dining, wellness, and service tenants at 3609 State Street in Santa Barbara.

    View details
    Restaurant Lease with Ground-Level Patio
    Restaurant Lease with Ground-Level Patio

    2000 De La Vina Street, Santa Barbara, CA 93105

    Contact for pricing
    1,530 sqft 0.24 AC lot

    Restaurant space is available in a vanilla shell with ADA-compliant bathrooms and HVAC, plus a ground-level patio included in the lease.

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    Hotel with Pool and Business Center
    Hotel with Pool and Business Center

    2100 N Broadway, Santa Maria, CA 93454

    Contact for pricing

    Hotel offering an outdoor pool, 24-hour business center, and guest rooms with kitchenette facilities.

    View details

    Solvang, CA Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Solvang, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,665 square feet of properties for sale, with an estimated market value of $5,350,000.

    Sale prices for conventional restaurants in Solvang, CA start at $2,200,000, averaging $2,675,000, and reaching up to $3,150,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3

    Demographics Overview

    Population 8,099
    Population Growth (5Y) +0.9%
    Median Household Income $130,123
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

    Identify Solvang submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93463 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $23.08 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Barbara County

    New Delisted

    Total CRE Inventory on Market (SF)

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