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$4,550,000
9525 El Camino Real, Atascadero, CA 93422
0 Beds
0 Baths
19,152 sqft

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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!
  • Price:
  • $4,550,000
  • Square Footage:
  • 19,152
  • Acreage:
  • 1.99
  • Year Built:
  • 1979
  • Listing ID #:
  • PI18141999
  • Street Address:
  • 9525 El Camino Real
  • City:
  • Atascadero
  • State:
  • California
  • Postal Code:
  • 93422
  • County:
  • San Luis Obispo
  • Community:
  • Atascadero
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Building Security:
  • Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Description:
  • Stucco
  • Number Of Units:
  • 94636
  • Stories:
  • 2
  • Total # Of Buildings:
  • 3
  • Total Building Square Footage:
  • 19152
  • Type Of Roof:
  • Other, Spanish Tile
  • Year Built:
  • 1979
  • Year Built Source:
  • Assessor
  • Annual Insurance Expenses:
  • 8500
  • Annual Maintenance Expenses:
  • 5000
  • Annual Trash Expenses:
  • 2400
  • Annual Water/Sewer Expenses:
  • 5000
  • Business Type:
  • Government, Professional/Office, Retail
  • Net Operating Income:
  • 272936
  • Operating Expense:
  • 74200
  • Approximate Lot Size Range Source:
  • Assessor
  • Conforms To Zoning:
  • Cr
  • Lot Features:
  • 6-10 Units/Acre, Corner Lot, Lot Over 40000 Sqft, Landscaped, Near Public Transit, Flat
  • Lot Size:
  • 86762
  • Lot Square Footage:
  • 86762
  • Topography:
  • Level
  • Days On Market:
  • 253
  • On Market Date:
  • 2018-06-14
  • Originating Mls:
  • Crmls
  • Previous Listing Price:
  • 4650000
  • Terms:
  • Cash, Cash To New Loan, 1031 Exchange
  • Fence:
  • Good Condition
  • Parking Spaces:
  • 100
  • Uncovered Parking Spaces:
  • 100
  • Cooling System:
  • Central Air, Gas
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Natural Gas
  • Utilities:
  • Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Unit 1 Description:
  • 9455 -Doctor's Office
  • Unit 1 Monthly Rent:
  • 1125
  • Unit 1 Type:
  • Item1bedroom
  • Unit 10 Description:
  • 9415 -County
  • Unit 10 Monthly Rent:
  • 8977
  • Unit 2 Description:
  • 9425 -County
  • Unit 2 Monthly Rent:
  • 7720
  • Unit 3 Description:
  • 9471 -Beauty Shop
  • Unit 3 Monthly Rent:
  • 1500
  • Unit 3 Type:
  • Item2bedroom
  • Unit 4 Description:
  • 9473 -Spa
  • Unit 4 Monthly Rent:
  • 1000
  • Unit 4 Type:
  • Item3bedroom
  • Unit 5 Description:
  • 9475 -Book Store
  • Unit 5 Monthly Rent:
  • 1050
  • Unit 5 Type:
  • Item4bedroomormore
  • Unit 6 Description:
  • 9477 -County
  • Unit 6 Monthly Rent:
  • 1218
  • Unit 7 Description:
  • 9479 -County
  • Unit 7 Monthly Rent:
  • 2441
  • Unit 8 Description:
  • 9481 -Financial Services
  • Unit 8 Monthly Rent:
  • 2000
  • Unit 9 Description:
  • 9485 -County
  • Unit 9 Monthly Rent:
  • 1849
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Courtesy of Kirby Gordon () with Gordon & Gordon
  • CACRMLS

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