409 1st St - Hospitality FOR SALE


Solvang, CA 93463
$4,200,000 USD
707-380-3188
409 1st St, Solvang, CA for Sale
$4,200,000 USD
Hospitality - FOR SALE
1/51
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409 1st St
Solvang, CA 93463


OVERVIEW

The Mirabelle Inn, a 13-room luxury boutique hotel and restaurant, presents a rare investment opportunity in the thriving Santa Ynez Valley hospitality market. Located in downtown Solvang, one of California's most visited wine country destinations, this turnkey property blends historic charm with modern amenities, offering immediate income generation and future upside potential. Designed in the Danish Provincial style, the Mirabelle Inn seamlessly aligns with Solvang's European-inspired architecture, featuring half-timbered facades, steeply pitched roofs, and classic Old-World detailing. The fully operational hotel includes an on-site restaurant, a third-floor lounge and a fourth-floor premier suite. Just steps from world-class tasting rooms, dining, boutique shopping, and the newly renovated Solvang Festival Theater, this prime location ensures strong occupancy rates and consistent demand from both leisure and corporate travelers. As Southern California's emerging wine and hospitality hub, the Santa Ynez Valley is increasingly recognized as ''LA's Wine Country,'' drawing national attention as a high-growth destination for luxury lodging and tourism. This unique offering stands as a high-performing asset in a supply-constrained market, positioned for long-term appreciation and multiple revenue streams. Financials available with executed NDA.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$467 USD /SF

# OF ROOMS

13

PRICE/ROOM

$323,077 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mirabelle Inn

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

Jamie WarmBerkshire Hathaway HS California PropertiesMore Info
707-380-3188

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Jamie WarmBerkshire Hathaway HS California PropertiesMore Info
707-380-3188

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