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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

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.

More Information MLS# 22-3482

Location Info

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

Contract Info

Buyers Agent $/%: 2 Current Price: $4,650,000 Price: 6990000 Begin Date: 2022-10-20 Status: Closed

Property Information

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

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new 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.

Condition

Average: 1

Use

Office: 1 Retail/Commercial: 1 Restaurant: 1 Mixed Use: 1

Zoning

Other: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Business Type

Clothing: 1 Food: 1 Restaurant: 1 Bus Other: 1

Parking

Pub/Lot: 1

Reports

Prelim: 1 Roof: 1

Status Change Info

Sold Date: 2023-06-13 Sold Price: $4,650,000 Under Contract Date: 2023-01-11

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
Listing Office: Radius Group Commercial R.E.
IDX
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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