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Storefront Retail Landmark with Windmill
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436 Alisal Rd, Solvang, CA 93463

Iconic storefront retail landmark anchoring a Danish village theme at a hard-corner on Alisal Road in Solvang.

Property Size7,711 SF
Price / SF$389.05
Days on Market100

Property Features for 436 Alisal Rd

General Information

Standard status Active
Size 7,711 SF
Total Parking Spaces 14
Property subtype Retail
Zoning Village Mixed-Use (VMU)
Occupancy 100%
Lease Type Gross
Investment Type Core
Net Operating Income $98,740

Additional Details

Asking Price $3,000,000
Corner Location Yes

Building Details

Units 8
Tenancy Multi
Listing Agency: CBRE - South Bay
Listed By: Bo Henderson · License #02148577
Source: Crexi
Added: Jul 27 Changed: Oct 30 Last Checked: Nov 1 at 2:53AM

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 CBRE - South Bay

Rey
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Investment Insights

Based on property information with market context.

This iconic storefront retail landmark anchors a Danish village theme, built around a windmill and a Rundetarn tower replica. The property encompasses approximately 7,711 square feet and is presented as a trophy village retail entry point.

Situated at the hard-corner of Alisal Road in Solvang, the site is positioned to capture visitor foot traffic moving through the city’s principal corridor. Solvang is described as a major tourism destination in California’s Santa Ynez Valley, drawing roughly one million visitors per year.

With its distinctive Danish-themed character and prominent hard-corner storefront presence, the property is well-suited for retail users seeking visibility in a walkable, tourism-driven downtown environment.

Key Highlights

  • Approximately 7,711 square feet storefront retail
  • Hard‑corner location on Alisal Road
  • Windmill feature and Rundetarn tower replica

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$119,829
Cap Rate
3.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,396,580 $2.4M
Cap Rate 7%
$1,711,843 $1.7M
Cap Rate 9%
$1,331,433 $1.3M
Market Conditions
NOI Build-Up for 7,711 SF
Gross rent
$185.1K $24.00/SF
− Vacancy
−$13.9K −$1.80/SF
EGI
$171.2K $22.20/SF
− OpEx
−$51.4K −$6.66/SF
NOI
$119.8K $15.54/SF
Area
Santa Barbara County, CA
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,396,580
Cap Rate 7%
$1,711,843
Cap Rate 9%
$1,331,433

Alternative Uses

Best Use
Retail
$1.71M
$1.50M – $2.00M (±1% cap)
NOI $119,829 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.42M
$2.12M – $2.82M (±1% cap)
NOI $169,412 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Right Gift (Bike/Boat/Book/etc) Store Tower Pizza Restaurant Solvang Flavors Grocery & Convenience Store Windmill Properties Real Estate Agency DOCTRINAMET DIRIGE Tour Operator

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

978
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

Frequently Asked Questions

What type of property is this?
Storefront property - Iconic storefront retail landmark anchoring a Danish village theme at a hard-corner on Alisal Road in Solvang.
Where is this storefront property located?
The property is located at 436 Alisal Rd Solvang, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Approximately 7,711 square feet storefront retail; Hard‑corner location on Alisal Road; Windmill feature and Rundetarn tower replica
(310) 363-4659 Call to check price and availability
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