Current Use by Public Records
- Retail properties & Spaces
Property Details for 545 Ave
- Lot size
- 0.46 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Buellton
- County
- Santa Barbara
- State
- California
- Longitude
- -120.192
- Latitude
- 34.6169
