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1693 Mission Drive, SOLVANG, CA 93463

$4,650,000
Property Type: Commercial Sale Square Footage: 23,566 Lot Size (sq. ft.): 52,272 Status: Closed
Current Price: $4,650,000 List Date: 10/20/2022 Last Modified: 2/24/2025

Overview

Description

CALL TO OFFERS: NOVEMBER 10th. The Denmarket Square commercial building complex is located in the heart of Solvang. The combination of location at the corner of Mission Dr and Alisal Rd, coupled with the iconic Little Mermaid statue (also a part of the property), makes this one of the most highly trafficked and well-known tourist destinations in Solvang. The property includes (4) 2-story buildings with a total of ±23,500 SF of Retail/Office space & a large parking lot with 75 spaces. The total size of this corner lot is ±52,200 SF. Tenants range from a well-established clothing boutique to popular eateries such as Chomp Burger. This property has not been on the market in decades & affords a rare opportunity for investors. *Seller reserves the right to accept offer prior to stated deadline.

Listing Details MLS# 22-3482

Location Info

District
50 - SANTA YNEZ
Street #
1693
Street Name
Mission
Street Suffix
Drive
State
CA
Country
US
Postal Code
93463
Compass Map
Santa Ynez
Map Grid
J18
County
Santa Barbara
Parcel Number
139-143-025
Cross Street
Alisal Road

Contract Info

Price
6990000
Buyers Agent $/%
2
Begin Date
2022-10-20

Property Information

TYP
Business
For Sale/Lease
For Sale
Stories
2
#Offices
10
#Retail
8
Gross Sq Ft
23566
Apx Lot SqFt
52272
Apx # Acres
1.2

Owner Info

Deposit
3

Remarks

Directions
US 101 North, take exit 102 for El Sueno Rd, turn right on Calle Real, Left on CA-154, take 3rd exit onto CA-246 W/Mission. Property is on the corner of Alisal Rd and Mission Dr.
Hot Sheet Comment
new

Status Change Info

Sold Date
2023-06-13
Under Contract Date
2023-01-11

More Information

Condition

Average
Yes

Use

Office
Yes
Retail/Commercial
Yes
Restaurant
Yes
Mixed Use
Yes

Zoning

Other
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Business Type

Clothing
Yes
Food
Yes
Restaurant
Yes
Bus Other
Yes

Parking

Pub/Lot
Yes

Reports

Prelim
Yes
Roof
Yes

Property Features

Use: Office; Retail/Commercial; Restaurant; Mixed Use Business Type: Clothing; Food; Restaurant; Bus Other Zoning: Other Condition: Average Parking: Pub/Lot Reports: Prelim; Roof Terms: Cash; Conventional Listing Type: ER
IDX
Listing Office: Radius Group Commercial R.E.
Last Updated: February - 24 - 2025
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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