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425 1st St
Solvang, CA 93463
Hotel Chaparral · Hospitality Property For Sale
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25 Rooms

PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 25 |
| Property Subtype | Hotel | No. Stories | 3 |
| Building Class | C | Year Built | 1976 |
| Lot Size | 0.49 AC | Parking Ratio | 1.1/1,000 SF |
| Construction Status | Converted | Corridor | Interior |
| Building Size | 20,000 SF | ||
| Zoning | Commercial - Hotel/Hospitality/Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.49 AC |
| Construction Status | Converted |
| Building Size | 20,000 SF |
| No. Rooms | 25 |
| No. Stories | 3 |
| Year Built | 1976 |
| Parking Ratio | 1.1/1,000 SF |
| Corridor | Interior |
| Zoning | Commercial - Hotel/Hospitality/Commercial |
ABOUT 425 1ST ST , SOLVANG, CA 93463
A global destination boutique hotel development in Solvang California. This site currently has about 20,000 sq ft of building improvements consisting of 3 buildings one equipped with an elevator all built in the 18th Century Northern European style. In August 2017, the City of Solvang approved plans to change the use of the property from retail to hotel/hospitality. Included in the sale are a complete set of plans for Hotel Chaparral, a 25 room luxurious hotel with a restaurant, bar and large deck and a detailed performa.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 25 | $100.00 | - |
PROPERTY TAXES
| Parcel Number | 139-192-024 | Improvements Assessment | $1,011,620 |
| Land Assessment | $820,233 | Total Assessment | $1,831,853 |
PROPERTY TAXES
Listing ID: 18226352
Date on Market: 1/17/2020
Last Updated:
Address: 425 1st St, Solvang, CA 93463
