$3,095,000
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SOLD DATE : 12/27/2021
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 18-4290
Sold Date 12/27/21
Property Sub-Type Commercial
Source Santa Barbara Multiple Listing Service
Property Description
Rare opportunity in the growing Central Coast community of Buellton, CA. This project is fully entitled with the City of Buellton for the retail/entertainment industry & is known as The Commons. It is a 54,000 sf retail/entertainment development with a tenant mix focused on the craft beverage industry, regional restaurants, unique food vendors & artisan retailers.
All plans, studies, reports & permits are included in the sale. This project is ready for an investor/developer to break ground & complete the project or modify it to suit their own needs. The possibilities are endless.
The Commons has received over 45 Letters of Intent & is located within a 10-minute walk of nearly 750 existing hotel rooms (including a Marriott property) & 214 hotel rooms planned across the street.
Location
State CA
County Santa Barbara
Direction SF: Take the 101 Hwy South to Ave of Flags in Buellton. Exit 140B. Take Ave of Flags to Damassa Rd to McMurray. LA: 101 Hwy North to 140B exit in Buellton and continue on Damassa Rd to McMurray.
Building
Lot Description Level, Valley
Others
Tax ID 137-170-068
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>