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Corner Restaurant With Outdoor Patios
For Sale
$2,200,000

1557 Mission Dr, Solvang, CA 93463

The property is zoned Village Mixed Use and currently leased to a restaurant.

Property Size3,754 SF
Price / SF$586.04
Days on Market94

Property Features for 1557 Mission Dr

General Information

Standard status Active
Size 3,754 SF
Property subtype Commercial
Zoning Village Mixed Use

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Patio Yes
Listing Agency: Santa Ynez Valley Real Estate
Listed By: John Frederick · License #00696297
Source: Santaynezvalleyhomesforsale
Added: May 29 Changed: Aug 29 Last Checked: Aug 29 at 4:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Santa Ynez Valley Real Estate

Investment Insights

Based on property information with market context.

This restaurant property occupies a corner position in Solvang and is currently leased to The Gathering Table. The operation includes indoor dining capacity of 126+/- seats along with outdoor patio seating for 75+/- guests.

The property fronts Mission Drive, identified in the source information as Highway 246, placing it near Solvang’s core commercial and tourist activity. Village Mixed Use zoning applies to the site, and the restaurant is positioned for both local and visitor traffic.

Key Highlights

  • Corner property fronting Mission Drive (Highway 246)
  • Zoned Village Mixed Use
  • Currently leased to The Gathering Table

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Daycare Center Computer & Electronic Repair HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

911
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 53% Hotels & Casinos 39% Dining 8%
Valley Hardware and Garden Center Home Improvements & Furnishings
12,078 visits/mo 0.2 miles
Svendsgaard's Danish Lodge Americas Best Value Inn Hotels & Casinos
8,976 visits/mo 0.3 miles
Domino's Pizza Dining
1,735 visits/mo 0.2 miles

Demographics for 93463, CA

8,731
Population
3,672
Households
2.4
Avg Household Size
52
Median Age
44%
College-Educated
94%
High-School Grad
33.9 sq mi
ZIP Area
258
Density / Sq Mi
$130,123
Median Household Income
$53,188
Median Earnings
$1,895
Median Rent
$1,044,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property is zoned Village Mixed Use and currently leased to a restaurant.
Where is this conventional restaurant located?
The property is located at 1557 Mission Dr Solvang, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Corner property fronting Mission Drive (Highway 246); Zoned Village Mixed Use; Currently leased to The Gathering Table
More about this property
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