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9525 El Camino Real

Atascadero, CA 93422
  • $4,550,000
  • STATUS: Active
  • ON SITE: 1268 Days
  • ID#: PI18141999
UPDATED: 186 min ago
$4,550,000
  • 0
    BEDS
  • 1.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,152
    SQFT
  • $238
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Listing Agent: Kirby Gordon of Gordon & Gordon


Description

Here is the perfect investment property you have been waiting for! Stable government tenant rents over one-half the property and has recently renewed. Easy to manage with low expenses and stable income. Great corner location and Santa Rosa Street ends into the property. Plenty of off-street and on-street parking. It is priced way below replacement cost at $248 per foot (Land and building). Separate buildable lot also included in price. Build up to a 6,000 sq. ft. on this 10,000 sq. ft. separate lot building in this high demand area. Perfect property for an exchange and long term hold!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
www.necolrealty.com/homes/84642556
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9525 El Camino Real Atascadero, CA 93422

  • Price: $4,550,000
  • Status: Active
  • On Site: 1268 Days
  • Updated: 186 min ago
  • ID#: PI18141999
0
Beds
0
Baths
0
½ Baths
1.99
Acres
19,152
SQFT
$238
$/SQFT
1979
Built
Neighborhood:
ATSC - Atascadero
County:
San Luis Obispo
Area:
ATSC - Atascadero
Property Description
Here is the perfect investment property you have been waiting for! Stable government tenant rents over one-half the property and has recently renewed. Easy to manage with low expenses and stable income. Great corner location and Santa Rosa Street ends into the property. Plenty of off-street and on-street parking. It is priced way below replacement cost at $248 per foot (Land and building). Separate buildable lot also included in price. Build up to a 6,000 sq. ft. on this 10,000 sq. ft. separate lot building in this high demand area. Perfect property for an exchange and long term hold!
Exterior Features

Construction Materials Stucco Fencing Good Condition Lot Features 6-10 Units/AcreCorner LotLot Over 40000 SqftLandscapedNear Public TransitFlat Open Parking Spaces 100 Parking Total 100 Roof OtherSpanish Tile Topography Level

Interior Features

Cooling Central AirGas Cooling YN Yes Heating Natural Gas Heating YN Yes

Property Features

Additional Parcels YN No Anchors Co Tenants County Of San Luis Obispo Business Type GovernmentProfessional/OfficeRetail Cap Rate 6 Common Interest None Current Financing None Electric Unknown Gross Scheduled Income 346581 Insurance Expense 8500 Laundry Features None Listing Agreement Net Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 5000 Net Operating Income 272936 Number Of Units Leased 6 Operating Expense 74200 Property Sub Type Business Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Special Listing Conditions Standard Supplies Expense 800 Trash Expense 2400 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 5000 Water Source Public Zoning Cr



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T00:27:26.463. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Southwest. Licensed in the State of California, USA.
 
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Realty ONE Group Southwest
41463 Margarita Rd. Suite 100
Temecula CA, 92591
Listing Agent: Kirby Gordon of Gordon & Gordon