Leased Corner Restaurant
For Sale
$2,200,000
1557 Mission Drive, Solvang, CA 93463
SINGLE_FAMILY - Solvang, CA
Property Size3,754 SF
Lot Size0.17 Acres
Price / SF$586.04
Days on Market50
Property Features for 1557 Mission Drive
General Information
Property type
Residential
Property subtype
Retail
Subdivision
1 - Not Applicable
Directions
NW Corner of Mission Dr (Hwy 246) & 4th Place
Standard status
Active
APN
139-132-023
Size
3,754 SF
Lot size
0.17 Acres
Building Details
Floors in Building
1
Listing Agency:
Santa Ynez Valley Real Estate
(805) 688-5717
Listed By:
John Frederick · License #00696297
(805) 350-0882
Added: Jun 24
Changed: Jul 2
Last Checked: Aug 12 at 6:06PM
MLS# 26000200
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 for-sale restaurant property is located at 1557 Mission Drive in Solvang and is positioned as a high-visibility corner site. The building is currently leased to The Gathering Table, operating as a farm-to-table restaurant. Reported seating includes approximately 126+ indoor seats and 75+ seats on outdoor patios, supporting both interior dining and patio service.
The property fronts Mission Drive (Highway 246), providing exposure to both foot and vehicle traffic. It is zoned Village Mixed Use, and the offering is described as being near Solvang’s core commercial and tourist activity.
For investors or owner-operators seeking a turn-key income-producing restaurant location, the existing lease and established operating concept may be a practical fit. The dual indoor and patio seating configuration supports day-to-day restaurant use, while the corner frontage on Mission Drive can be an important consideration for tenants and brands that rely on visibility and consistent traffic.
The property fronts Mission Drive (Highway 246), providing exposure to both foot and vehicle traffic. It is zoned Village Mixed Use, and the offering is described as being near Solvang’s core commercial and tourist activity.
For investors or owner-operators seeking a turn-key income-producing restaurant location, the existing lease and established operating concept may be a practical fit. The dual indoor and patio seating configuration supports day-to-day restaurant use, while the corner frontage on Mission Drive can be an important consideration for tenants and brands that rely on visibility and consistent traffic.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Corner restaurant property zoned Village Mixed Use with indoor and patio seating in Solvang’s Mission Drive corridor.
Where is this conventional restaurant located?
The property is located at 1557 Mission Drive 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: 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
