9525 El Camino Real

    Atascadero, CA 93422
    • $4,650,000
    • STATUS: Active
    • ON SITE: 122 days
    • ID#: PI18141999
    UPDATED: 24 min ago
    $4,650,000
    • 0
      BEDS
    • 1.99
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 19,152
      SQFT
    • $243
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1979
    County:

    School Ratings & Info

    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 2018-10-15T13:28:44.983. 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. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/84642556

    9525 El Camino Real Atascadero, CA 93422

    • Price: $4,650,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: PI18141999
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.99
    Acres
    19,152
    SQFT
    $243
    $/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 Fence YN Yes Fencing Good Condition Lot Features 6-10 Units/AcreCorner LotLandscapedLot Over 40000 SqftNear Public Transit Lot Size Dimensions Varies Lot Size Source Assessor Lot Size Units Square Feet Parking Total 100.00 Roof OtherSpanish Tile Topography Flat

    Interior Features

    Condo Area Units Square Feet Cooling CentralGas Cooling YN Yes Heating Natural Gas Heating YN Yes Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels Description 030-481-007030-492-003 Additional Parcels YN No Anchors Co Tenants County Of San Luis Obispo Asset Class OfficeRetail Building Area Units Square Feet Building Status Existing Business Type GovernmentProfessional/OfficeRetail Cap Rate 6.00 Country Us Electric Electricity - Unknown Expense Year 2018 Gross Scheduled Income 347136.00 Insurance Expense 8500.00 Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Legal Accounting Expense 2500.00 Maintenance Expense 5000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 272936.00 Number Of Units Leased 6 Operating Expense 74200.00 Property Sub Type Business Real Estate Tax Expense 50000.00 Security Features Carbon Monoxide Detector(S)Smoke Detector Special Listing Conditions Standard Supplies Expense 800.00 Total Expenses 74200.00 Total Monthly Rent 28282 Trash Expense 2400.00 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Water Sewer Expense 5000.00 Water Source Public Year Built Source Assessor Zoning Cr

    Listing provided courtesy of Kirby Gordon of Gordon & Gordon.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-15T13:28:44.983. 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. Licensed in the State of California, USA.
     
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