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290 E Hwy 246, BUELLTON, CA 93427

$2,800,000
Property Type: Land Lot Size (sq. ft.): 221,284 Status: Closed
Current Price: $2,800,000 List Date: 11/09/2022 Last Modified: 9/16/2024

Description

Live Oak Lanes is an entitled development project in the growing Central Coast community of Buellton, California. The current project is planned for a 39,800 SF building with 12,500 SF of outdoor covered patio space that houses 18 lanes of bowling, 4,000 SF restaurant-bar, a 2,300 SF modern arcade, party rooms and 179 parking spaces. The property consists of 5 acres in east Buellton, just off the 101 Freeway and Highway 246 corridor. You will find this gem situated in the shopping area of Buellton behind Jack-in-the-Box and O'Reilly's Auto Parts and clearly visible from the 101 Freeway providing exceptional visibility and exposure. This is one of the few large, commercial sites that remain undeveloped in the market in this area.

Supplements: All plans, studies, reports and permits are included in the sale. This project is ready for an investor/developer to finalize the grading plans and break ground and complete the project, modify it to suit their needs, or pivot to any number of other possibilities.

More Information MLS# 22-3694

Location Info

Country: US Compass Map: Santa Ynez Map Grid: D16 Cross Street: Freear Dr District: 50 - SANTA YNEZ Street #: 290 Dir: E Street Name: Hwy 246 State: CA Postal Code: 93427 County: Santa Barbara Parcel Number: 137-200-078

Contract Info

Financing: Cash Buyers Agent $/%: 2.5 Current Price: $2,800,000 Price: 3250000 Begin Date: 2022-11-09 Status: Closed

Property Information

Apx Lot SqFt: 221284 Apx # Acres: 5 TYP: Unimproved Land

Neighborhood/Schools

Elementary School: Other Junior High School: Other High School: Other

Owner Info

Deposit: 100000

Remarks

Hot Sheet Comment: new Directions: From Hwy 101 in Buellton, travel east on Hwy 246 (toward Solvang) to traffic light at Freear Dr. Take next right, between Carl's Jr and Buellton Shopping Center. Property is at end of driveway.

Miscellaneous

Buildable: 1

View

Mountain(s): 1 Panoramic: 1

Location/Topo

Combo: 1 River/Stream: 1

Proximity

Near Shopping: 1

Zoning

Other: 1

Reports Available

Soils: 1 Build Plans: 1 Survey: 1 Other: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Status Information

Sold Date: 2023-07-28 Sold Price: $2,800,000 Under Contract Date: 2023-04-02

Property Features

Miscellaneous: Buildable View: Mountain(s); Panoramic Proximity: Near Shopping Reports Available: Soils; Build Plans; Survey; Other Zoning: Other Terms: Cash; Conventional Listing Type: ER
Listing Office: Battaglia Commercial Real Esta
IDX
Last Updated: September - 16 - 2024
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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