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    545 Ave Buellton, CA 93427

    Sponsored
    For Sale
    $2,650,000

    Santa Ynez Valley Retail Opportunity

    Property size:
    9,136 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9,136 square foot storefront property, situated on a 0.46-acre lot in Buellton, California, presents a unique owner-user or adaptive reuse opportunity. Located on the Avenue of Flags in the heart of the Santa Ynez Valley, this landmark building, formerly Monighetti's Feedstore, offers approximately 8,663 square feet of commercial space and a 500 square foot one-bedroom apartment. The property boasts ample parking and outdoor space, making it ideal for a variety of uses. Currently zoned CR (General Commercial), this property offers significant potential for a winery, brewery, or other commercial enterprise. All existing leases are short-term, providing a clear path for an owner-user to occupy the space or for a developer to implement their vision. The asking price is $2,650,000, translating to $290.06 per square foot. Note that parcel lines are subject to adjustment, and adjacent vacant parcels may also be available for purchase. This presents a rare chance to acquire a substantial property in a thriving area. The property's APN is 099-282-013. This is a remarkable opportunity to establish a presence in the dynamic Santa Ynez Valley market.

    Property Features for 545 Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    9,136 SF
    Lot Size
    20,038 SF

    HighLights

    • Price: $2,650,000
    • Lot size: 0.46 acres
    • Building size: 8,663 sq ft commercial space plus a 500 sq ft apartment
    • APN: 099‑282‑013
    • Zoning: CR (General Commercial)
    • Showing instructions: Call listing agent
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Buellton
    County
    Santa Barbara
    State
    California
    Longitude
    -120.191988
    Latitude
    34.6169027

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    FAQs

    What type of property is this?
    Individual retail property - Santa Ynez Valley Retail Opportunity
    Where is this individual retail property located?
    The property is located at 545 Ave Buellton, CA.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: Price: $2,650,000; Lot size: 0.46 acres; Building size: 8,663 sq ft commercial space plus a 500 sq ft apartment
    Request Owner's contact information
    545 Ave Buellton, CA 93427
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    Buellton, CA 93427
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    545 Ave Buellton, CA 93427
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