2436 Baseline Avenue, SOLVANG, CA 93463 (MLS# 23-3584)

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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

Overview

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.

Listing Details MLS# 23-3584

Location Info

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

Contract Info

Price: 6295000
Buyers Agent $/%: 1.5
Begin Date: 2023-12-04

Property Information

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

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2024-05-17
Under Contract Date: 2024-01-02

More Information

Condition

Excellent: Yes

Zoning

C-2: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Business Type

Hotel/Motel: Yes

Parking

Pub/Lot: Yes

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.

Last Updated: February - 24 - 2025

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