$3,250,000
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221,284 SqFt
SOLD DATE : 07/28/2023
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 221,284 sqft
Price per Sqft $12
MLS Listing ID 22-3694
Sold Date 07/28/23
Originating Board Santa Barbara Multiple Listing Service
Lot Size 5.080 Acres
Acres 5.0
Lot Dimensions 221284.0
Property Sub-Type Commercial
Property 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. 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.
Location
State CA
County Santa Barbara
Direction 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.
Others
Tax ID 137-200-078
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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