Property profile

1607 Dr Unit 102 Solvang, CA 93463

OFF-MARKET
Retail properties & Spaces
14,706 SF 0.53 ac lot Built 1986
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Atterdag Center, a multi-tenant building situated on Mission Drive in the heart of Solvang, California. The property boasts 14,706 square feet on a 0.53-acre lot, offering a substantial space for a variety of retail businesses. The suite enjoys prime visibility and accessibility, positioned between established businesses, Good Seed Coffee Boutique and Loom Boutique, ensuring high pedestrian traffic. This strategic location on the main thoroughfare through the Santa Ynez Valley guarantees significant exposure to both local residents and tourists. The property's classification as retail space highlights its suitability for businesses requiring direct customer interaction and high foot traffic. Beyond the retail space, the Atterdag Center also includes additional office space available within the building, presenting potential for expansion or synergistic business opportunities. The asking price for this exceptional property is $2,649,000. This represents a unique chance to acquire a well-situated, substantial retail space in a thriving tourist destination. The property's size and location make it ideal for a variety of retail concepts seeking a prominent presence in the vibrant Solvang market. Interested parties are encouraged to inquire for further details and scheduling a viewing.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 14,706 SF
Lot 0.53 ac (23,087 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1607 Dr Unit 102 Solvang, CA 93463
Solvang metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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