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436 Alisal Rd 7,711 SF 100% Leased Retail Building Solvang, CA 93463 $3,000,000 ($389.05/SF)
Investment Highlights
- Offered at approximately $3,000,000, or about $389 per square foot across ±7,711 square feet, a compelling entry point for trophy village retail.
- The Hygge Tower residential rental unit contributes inflation resistant income potential in addition to a diversified use for the property.
- Fully leased across eight (8) units, with diversified income anchored by established local retailers including The Right Gift and Tower Pizza.
- The Seller is open to providing financing to a qualified Buyer. Please contact the broker for details.
- Most photographed site in Solvang, anchoring the Danish village theme at the hard-corner of Alisal Road.
- Solvang draws roughly one (1) million visitors per year, funneling foot traffic directly past the property on the village’s principal corridor.
Executive Summary
Iconic Commercial Landmark in the Heart of Solvang. Excellent Basis and Long-Term Value-Add.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,711 SF
Building Class
B
Year Built
1980
Price
$3,000,000
Price Per SF
$389.05
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.23 AC
Zoning
Village Mixed-Use
Parking
14 Spaces (1.82 Spaces per 1,000 SF Leased)
Frontage
49’ on Alisal Rd
Amenities
- Courtyard
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-240-084 | Improvements Assessment | $1,665,438 |
| Land Assessment | $638,320 | Total Assessment | $2,303,758 |
Property Taxes
Parcel Number
139-240-084
Land Assessment
$638,320
Improvements Assessment
$1,665,438
Total Assessment
$2,303,758
Contacts
-
Patrick Wade -
Bo Henderson -
Alex Kozakov -
Matthew Greenberg -
Jack Webber -
Nick Solomon -
Vivian Tran -
CBRE, Inc.
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Videos
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Photos
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436 Alisal Rd
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