478 4th Pl
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478 4th Pl
2,750 SF Retail Building Solvang, CA 93463 $2,995,000 ($1,089/SF)
Investment Highlights
- Close proximity to hundred of hotel rooms and adjacent to a large public parking lot
- Very rare ABC license which could be purchased in addition to the property at market value
Executive Summary
Extremely rare turn key owner/user restaurant located in the heart of Solvang’s tourist related commercial district
Close proximity to hundred of hotel rooms and adjacent to a large public parking lot
Seating for approx. 100 people inside and approx. 50 people on the patio
In addition, the restaurant has a hidden room behind a movable bookcase for a private dining room or speakeasy
Fully equipped kitchen with walk in fridge/freezer
Very rare ABC license which could be purchased in addition to the property at market value (Currently approx. $350,000)
Close proximity to hundred of hotel rooms and adjacent to a large public parking lot
Seating for approx. 100 people inside and approx. 50 people on the patio
In addition, the restaurant has a hidden room behind a movable bookcase for a private dining room or speakeasy
Fully equipped kitchen with walk in fridge/freezer
Very rare ABC license which could be purchased in addition to the property at market value (Currently approx. $350,000)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,750 SF
Building Class
C
Year Built/Renovated
1952/2019
Price
$2,995,000
Price Per SF
$1,089
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
0.18 AC
Zoning
TRC - Tourist Related Commercial
Parking
5 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Restaurant
- Air Conditioning
Walk Score ®
Walker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 139-173-014 | Improvements Assessment | $1,734,000 |
| Land Assessment | $739,500 | Total Assessment | $2,473,500 |
PROPERTY TAXES
Parcel Number
139-173-014
Land Assessment
$739,500
Improvements Assessment
$1,734,000
Total Assessment
$2,473,500
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478 4th Pl
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