545 Ave Buellton, CA 93427
This exceptional 9,136 square foot warehouse property presents a unique owner-user or adaptive reuse opportunity in the thriving city of Buellton, California. Situated on a 0.46-acre lot zoned CR (General Commercial), this single-tenant building boasts ample parking and outdoor space. The property, formerly Monighetti's Feedstore, comprises approximately 8,663 square feet of commercial space and a 500 square foot, one-bedroom apartment. Its prominent location on Buellton's Avenue of Flags, in the heart of the Santa Ynez Valley, offers excellent visibility and accessibility. The existing leases are short-term, making it ideal for an owner-user seeking immediate occupancy or a developer envisioning creative repurposing. The property's potential is further enhanced by the availability of adjacent vacant parcels, offering expansion possibilities. The Santa Barbara County Assessor's Parcel Number (APN) is 099-282-013. Note that depicted parcel lines are subject to potential lot line adjustments. This is a remarkable chance to acquire a landmark building in a rapidly growing area. The property's size, location, and zoning provide significant flexibility for a variety of commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.