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Corner Restaurant with Patio
For Sale
$2,200,000

1557 Mission Drive, Solvang, CA 93463

CM Ind/Bus Op-Sale, Solvang, CA

Property Size3,754 SF
Lot Size0.17 Acres
Price / SF$586.04
Days on Market237

Property Features for 1557 Mission Drive

General Information

Property type Residential
Property subtype Retail
Zoning description Comm Retail, Commercial
Patio and Porch features Patio
Exterior features Patio
Fireplace 1
Accessibility Accessible Approach with Ramp
Lot features Level, Corner, Alley, Level, Corner Lot
Subdivision 38 - Santa Ynez Valley
Standard status Active
APN 139-132-023
Size 3,754 SF
Lot size 0.17 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Building materials Stucco
Roof type Composition
Listing Agency: Santa Ynez Valley Real Estate
Listed By: John Frederick · License #00696297
Added: Feb 2 Changed: Sep 22 Last Checked: Sep 27 at 4:06AM
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 3,754-square-foot restaurant property occupies a 0.17-acre parcel and includes indoor dining, outdoor patio areas, stucco construction, central air, forced-air heating, and a natural gas system. The building also features an accessible approach with ramp, public water, public sewer, and a composition roof. A fireplace is present, and cable service is available.

The property sits at the corner of Mission Drive and fronts Highway 246 in Solvang. It is currently leased to The Gathering Table, a restaurant tenant, and is positioned near the city’s central commercial and tourist activity. The site is zoned Village Mixed Use and provides seating for approximately 126 indoors and 75 on the outdoor patios.

Key Highlights

  • 3,754‑square‑foot restaurant building on a 0.17‑acre parcel
  • Corner location fronting Mission Drive and Highway 246 in Solvang
  • Village Mixed Use zoning

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 combines restaurant operations with indoor dining and outdoor patio areas under Village Mixed Use zoning.
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: 3,754‑square‑foot restaurant building on a 0.17‑acre parcel; Corner location fronting Mission Drive and Highway 246 in Solvang; Village Mixed Use zoning
More about this property
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