1674-1678 Oak Street

Solvang

$1,100,000

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About This Property

0 Beds
0 Baths
6,000 Sqft
.32 Acres
12 Parking Space(s)

Rare Commercial Building in Solvang For Sale fully occupied with management in place. Great income for the absentee landlord with some long term tenants. Five tenants ranging from 2123 sf to 400 sf provide diversification and easy rentability. Located outside the main tourist area with a combination of local service, Fed Ex drop box, office, and neighborhood tenants, this investment offers a chance for stable income in a vibrant town. With 11 parking spots plus one ADA van accessible parking spot, and five public street parking in front, this makes for easy access for customers and employees. Currently priced at about a 4.23% capitalization rate, this steady investment is ideal for 1031 exchanges or investors looking for solid returns.

Essential Information
MLS® #1700953
Price$1,100,000
Bathrooms0.00
Full Baths2
Lot Size Sq. Footage6,000
Acres0.32
Year Built1979
TypeComm/Ind/BusOp-Sale
Sub-TypeRetail-Commercial
StatusPending
Community Information
Address1674-1678 Oak Street
AreaSanta Ynez Valley
SubdivisionNot Applicable
CitySolvang
CountySanta Barbara
StateCA
Zip Code93463
Amenities
Parking Spaces12
Interior
HeatingForced Air, Natural Gas
CoolingCentral Air
# of Stories1
StoriesOne
Exterior
Lot DescriptionCorner, Alley
RoofFlat, Other
FoundationSlab
Zoning

Com/Residential, Commercial, Off/Professional, General Comm

Listing Details
AgentAllan Jones
Office

Santa Ynez Valley Real Estate Co.

Property History
Status Changed from Active Under Contract to Pending
Status Changed from Active to Active Under Contract

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© 2017 by the following Associations of REALTORS®: Lompoc Valley, Santa Maria and Santa Ynez Valley. All Rights Reserved The data relating to real estate for sale on this web site comes in part from the North Santa Barbara County Regional MLS. Real estate listings held by brokerage firms other than Santa Ynez Valley Real Estate are marked with the IDX logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. Listing information last updated on December 12, 2018 11:30 am

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