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- LoopNet Team
376 Avenue of Flags
Buellton, CA 93427
Approx. 3.36 Commercial Acres · Land For Sale
·
3.36 AC
INVESTMENT HIGHLIGHTS
- Offered at $4,700,000 ($32.11/SF Land) | Combined Lot Size: Approx. 3.36 Aces (146,361 SF)
- Floors: 2 Stories
- Building Size: Approx. 35,000 SF (buyer to verify)
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 3.36 AC |
| Property Subtype | Commercial | ||
| Zoning | GR - General Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.36 AC |
| Zoning | GR - General Commercial |
DESCRIPTION
This iconic property is comprised of two parcels totaling ±3.36 acres on the corner of Hwy. 246 and Avenue of Flags, achieving the highest traffic counts in the Santa Ynez Valley. The current ±35,000 SF building has hosted Pea Soup Andersen’s restaurant, shops and various banquet rooms for many years and is prime for redevelopment. The location and size of this parcel makes it one of the largest and most prominent development opportunities within Buellton’s Avenue of Flags Specific Plan. The expanding wine region, thriving local businesses and growing population supports the overall demand for various types of development.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $459,000 | |
| Land Assessment | $4,131,000 | Total Assessment | $4,590,000 |
PROPERTY TAXES
