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
Last Updated: September - 16 - 2024
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