290 E Hwy 246, BUELLTON, CA 93427 (MLS# 22-3694)

290 E Hwy 246, BUELLTON, CA 93427

$2,800,000

Artist Rendered Perspective View from Southwest Corner of Site

Artist Rendered Perspective View from Northwest Corner of Site

Aerial View showing Proximity to 101 and 246.

Property Type: Land Lot Size (sq. ft.): 221,284 Status: Closed

Current Price: $2,800,000 List Date: 11/09/2022 Last Modified: 9/16/2024

Overview

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.

Supplements: 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.

Listing Details MLS# 22-3694

Location Info

District: 50 - SANTA YNEZ
Street #: 290
Dir: E
Street Name: Hwy 246
State: CA
Country: US
Postal Code: 93427
Compass Map: Santa Ynez
Map Grid: D16
County: Santa Barbara
Parcel Nbr: 137-200-078
Cross Street: Freear Dr

Contract Info

Price: 3250000
Financing: Cash
Buyers Agent $/%: 2.5
Begin Date: 2022-11-09

Status Information

Sold Date: 2023-07-28
Under Contract Date: 2023-04-02

Property Information

TYP: Unimproved Land
Apx # Acres: 5
Apx Lot SqFt: 221284

Remarks

Directions: 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.
Hot Sheet Comment: new

Owner Info

Deposit: 100000

More Information

Property Features

Miscellaneous: Buildable View: Mountain(s); Panoramic Proximity: Near Shopping Reports Available: Soils; Build Plans; Survey; Other Zoning: Other Terms: Cash; Conventional Listing Type: ER

Listing Office: Battaglia Commercial Real Esta

Last Updated: September - 16 - 2024

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