377 1st St
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377 1st St
1,765 SF Retail Building Solvang, CA 93463 $1,199,000 ($679/SF)
Investment Highlights
- Prime Retail Space in Downtown Solvang
- Great Investment Opportunity
Executive Summary
Situated in the heart of downtown Solvang, this sweet property presents an investment opportunity within the Tourist Related Commercial zoning (TRC). Dating back to 1930, the exterior exudes timeless charm while offering modern amenities essential for office space.
The 1765 SqFt building features five office spaces, a break-room with laundry, a welcoming main waiting room with reception area featuring a fireplace, and a half bathroom. The one bedroom, one bathroom studio is located on the front portion of the building and is currently being utilized as a permitted short term vacation rental, adding to the property's versatility and income potential. The parking lot is conveniently located at the rear of the property for ease of access, complete with a handicap accessible ramp entry.
Downtown Solvang is just a stone's throw away, and offers an array of dining, wine tasting, and craft beer options, farmers' market, and boutique shopping. The community hosts beloved annual events, drawing in international visitors, including Danish Days, the July 4th parade & fireworks display, and the enchanting Christmas tree lighting ceremony.
The 1765 SqFt building features five office spaces, a break-room with laundry, a welcoming main waiting room with reception area featuring a fireplace, and a half bathroom. The one bedroom, one bathroom studio is located on the front portion of the building and is currently being utilized as a permitted short term vacation rental, adding to the property's versatility and income potential. The parking lot is conveniently located at the rear of the property for ease of access, complete with a handicap accessible ramp entry.
Downtown Solvang is just a stone's throw away, and offers an array of dining, wine tasting, and craft beer options, farmers' market, and boutique shopping. The community hosts beloved annual events, drawing in international visitors, including Danish Days, the July 4th parade & fireworks display, and the enchanting Christmas tree lighting ceremony.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,765 SF
Building Class
C
Year Built
1930
Price
$1,199,000
Price Per SF
$679
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Land Acres
0.17 AC
Zoning
C2 - Tourist - Tourist Related Commercial
Amenities
- Fireplace
- Air Conditioning
Walk Score ®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 139-213-002 | Improvements Assessment | $536,099 |
| Land Assessment | $349,536 | Total Assessment | $885,635 |
PROPERTY TAXES
Parcel Number
139-213-002
Land Assessment
$349,536
Improvements Assessment
$536,099
Total Assessment
$885,635
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Berkshire Hathaway California Properties
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