425 1st St
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425 1st St
20,000 SF 100% Leased Retail Building Solvang, CA 93463 £2,235,942 (£112/SF)
Investment Highlights
- Priced Below Replacement Cost ($120/ft)
- Prime Tourist Destination
Executive Summary
Back on Market!
Vacant Mixed Use priced at $120/ft allows for tremendous value add potential.
Prime tourist location.
Expired plans for boutique hotel.
All sizes subject to confirmation by Buyer.
Vacant Mixed Use priced at $120/ft allows for tremendous value add potential.
Prime tourist location.
Expired plans for boutique hotel.
All sizes subject to confirmation by Buyer.
Property Facts In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
20,000 SF
Building Class
B
Year Built
1976
Price
£2,235,942
Price Per SF
£112
Percent Leased
100%
Number of Floors
3
Building FAR
0.94
Lot Size
0.49 AC
Parking
22 Spaces (1.1 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (92)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 139-192-024 | Improvements Assessment | £779,330 |
Land Assessment | £631,889 | Total Assessment | £1,411,219 |
PROPERTY TAXES
Parcel Number
139-192-024
Land Assessment
£631,889
Improvements Assessment
£779,330
Total Assessment
£1,411,219
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425 1st St
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