Renovated Office Building with
2029 Village Lane Solvang, CA 93463
2029 Village Lane, Solvang, CA, 93463
$5,300,000
For Sale
$5,300,000
SINGLE_FAMILY - Solvang, CA
Property Size18,394 SF
Lot Size1.02 Acres
Price / SF$288.14
Days on Market83
Property Features for 2029 Village Lane
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 139-310-053
- Size
- 18,394 SF
- Lot size
- 1.02 Acres
Building Details
- Year built
- 1975
Listing agency
Town & Country R.E. & Dev.
(805) 937-8479
Listed by
Jeremy Kemlo · License #01952824
(805) 878-2388
Added: May 1 Updated: Jul 2 at 9:35AM Checked: Jul 22 at 4:06PM
MLS# 25000886
Copyright © 2026 North Santa Barbara County Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated professional office building offers a fresh, customer-friendly arrival with an updated entrance and a spacious, plant-filled central atrium featuring a koi pond. Common-area amenities include a shared kitchenette, and the building is configured to support multiple office suite options. Suite sizes range from approximately 400 to 2,000 square feet, providing flexibility for a variety of tenant needs while maintaining a cohesive property layout. Off-street parking is included for employees and visitors.
The property is located at 2029 Village Lane in Solvang, positioned between Nielsen’s shopping center and SYV Cottage Hospital. That nearby mix supports consistent daily activity from both commercial and healthcare-related users, with the building’s frontage and access designed for office tenants and their clients.
For buyers or brokers evaluating an office investment or owner-user opportunity, the suite mix and on-site common amenities can support different occupancy strategies. Tenants looking for smaller to mid-size offices may fit well within the available 400-square-foot range, while larger teams can consider suites up to roughly 2,000 square feet. With off-street parking and common kitchenette access, the building supports practical day-to-day operations for office users.
The property is located at 2029 Village Lane in Solvang, positioned between Nielsen’s shopping center and SYV Cottage Hospital. That nearby mix supports consistent daily activity from both commercial and healthcare-related users, with the building’s frontage and access designed for office tenants and their clients.
For buyers or brokers evaluating an office investment or owner-user opportunity, the suite mix and on-site common amenities can support different occupancy strategies. Tenants looking for smaller to mid-size offices may fit well within the available 400-square-foot range, while larger teams can consider suites up to roughly 2,000 square feet. With off-street parking and common kitchenette access, the building supports practical day-to-day operations for office users.
Key Highlights
- 1975‑built professional office building with renovated entrance and a central atrium with koi pond
- Multiple office suite configurations with suite sizes approximately 400 to 2,000 SF
- Common kitchenette and spacious plant‑filled central atrium
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $485.6k | $26.40 |
| − Vacancy | −$48.1k | −$2.61 |
| EGI | $437.5k | $23.79 |
| − OpEx | −$109.4k | −$5.95 |
| NOI | $328.1k | $17.84 |
18,394 SF · lease $26.40/SF/yr · vacancy 9.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.69M
$4.10M – $5.47M
NOI $328,145 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.77M
$5.05M – $6.74M
NOI $404,118 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fionda LLC
Marketing & Advertising
Edward Jones - Financial ...
Financial Advisor
Edward Jones - Financial ...
Financial Advisor
VNA Health
Hospice
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FAQs
What type of property is this?
Office building - Renovated office suites offer flexible configurations, a central atrium with koi pond, and off-street parking on-site.
Where is this office building located?
The property is located at 2029 Village Lane Solvang, CA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 1975‑built professional office building with renovated entrance and a central atrium with koi pond; Multiple office suite configurations with suite sizes approximately 400 to 2,000 SF; Common kitchenette and spacious plant‑filled central atrium
