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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1656 Dr Solvang, CA 93463

4,472 SF 0.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4,472 square foot retail suite is perfectly situated on a prominent corner lot (0.11 acres) in the heart of Solvang, California. The property resides within an iconic building, showcasing the town's distinctive Old-World European charm. Its prime location ensures high visibility and significant foot and vehicular traffic, maximizing exposure for any business. The inviting storefront and ample signage opportunities are key assets for attracting customers. Solvang's unique Danish-inspired architecture and bustling atmosphere create a captivating environment, attracting both tourists and local residents. This makes the space ideal for a variety of retail uses, including, but not limited to, wine tasting rooms, beer taprooms, and boutique shops, all permitted under the existing TRC zoning. Currently undergoing refurbishment, this retail space is scheduled for completion and occupancy on July 1st. The ample space and superb location present a compelling opportunity for businesses seeking to establish or expand their operations in this thriving and attractive commercial area. The property offers a blend of historical charm and modern commercial viability, making it an exceptional investment opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,472 SF
Lot 0.11 ac (4,792 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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