409 1st St - Hospitality FOR SALE


Solvang, CA 93463
$4,500,000 USD
805-705-8512
409 1st St, Solvang, CA for Sale
$4,500,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

409 1st St
Solvang, CA 93463


HIGHLIGHTS

  • 13-ROOM BOUTIQUE HOTEL AND FIRST & OAK MICHELIN-RATED RESTAURANT FOR SALE
  • All First & Oak Business Assets to be included as well as Beer and Wine License
  • Financials & Hotel Data AVAILABLE WITH NDA -- Contact Listing Agent
  • PLEASE DO NOT DISTURB MANAGEMENT, STAFF OR GUESTS OF THE MIRABELLE INN OR FIRST & OAK RESTAURANT

OVERVIEW

13 ROOM BOUTIQUE HOTEL AND FIRST & OAK MICHELIN-RATED RESTAURANT LUXURY ACCOMMODATIONS & WORLD CLASS DINING IN THE HEART OF SANTA BARBARA WINE COUNTRY Nestled in the heart of Santa Barbara Wine Country, The Mirabelle Inn and its on-property restaurant, First & Oak, have developed a loyal following through their romance, elegance and charm. This recently remodeled boutique hotel features first class service that includes distinctive details, sophistication and modern amenities. Each of the 13 rooms have been thoughtfully designed to create a unique experience for guests. The sale includes the Michelin rated First & Oak which is a local favorite. A large 3rd floor lounge could possibly be used for additional guest rooms, while the 4th floor features an owner’s suite. The hotel is strategically situated in the popular Coastal California tourist hamlet of Solvang, footsteps from shopping, restaurants, tasting rooms and the city’s recently renovated theatre. Whether guests are passing through the Valley for its award winning vineyards or looking to unwind in a tranquil and refined getaway, The Mirabelle Inn provides a luxurious stay accentuated by world-class dining.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$500 USD /SF

# OF ROOMS

13

PRICE/ROOM

$346,154 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mirabelle Inn - 13 Rm Boutique Hotel & Rest.

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1993

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C2

APN/PARCEL ID

139-192-011

ASK ABOUT THIS PROPERTY

Robert RauchhausRadius Commercial Real EstateMore Info
805-705-8512

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Robert RauchhausRadius Commercial Real EstateMore Info
805-705-8512

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.