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2436 Baseline Avenue, SOLVANG, CA 93463

$6,000,000
Property Type: Commercial Sale Square Footage: 9,062 Lot Size (sq. ft.): 22,651 Status: Closed
Current Price: $6,000,000 List Date: 12/04/2023 Last Modified: 2/24/2025

Description

Nestled in the heart of Santa Barbara Wine Country, The Ballard Inn offers the possibility of elegance, romance & history. Recently remodeled, this 4-star, 15-room boutique hotel has charmed both locals and visitors for decades. The well-thought-out property and grounds have been designed to capture the Valley's rich past, present magnificence and future possibilities. Each of the rooms creates a unique experience for guests with the opportunity to feature private balconies, fireplaces and one-of-a-kind antiques. The sale includes a Type 47 liquor license which authorizes the sale of beer, wine and spirits on the premises as a source of additional net operating income. Other potential opportunities for income include a restaurant space with full kitchen as well as outside patios.

Supplements: Whether guests are passing through the Valley for its award-winning vineyards or looking for a quiet and refined getaway, The Ballard Inn provides a timeless retreat without having to compromise on style, amenities or location.

More Information MLS# 23-3584

Location Info

Country: US Compass Map: Santa Ynez Map Grid: M12 Cross Street: Cottonwood Street District: 50 - SANTA YNEZ Street #: 2436 Street Name: Baseline Street Suffix: Avenue State: CA Postal Code: 93463 County: Santa Barbara Parcel Number: 137-061-027

Contract Info

Buyers Agent $/%: 1.5 Current Price: $6,000,000 Price: 6295000 Begin Date: 2023-12-04 Status: Closed

Property Information

For Sale/Lease: For Sale Year Built: 1985 Year Remodeled: 22 Stories: 2 #Offices: 1 Gross Sq Ft: 9062 Apx Lot SqFt: 22651 Apx # Acres: 0.52 TYP: Business

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Condition

Excellent: 1

Zoning

C-2: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Business Type

Hotel/Motel: 1

Parking

Pub/Lot: 1

Status Change Info

Sold Date: 2024-05-17 Sold Price: $6,000,000 Under Contract Date: 2024-01-02

Property Features

Business Type: Hotel/Motel Zoning: C-2 Condition: Excellent Parking: Pub/Lot 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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