2500 El Camino Real Pending Save Request In-Person Tour Request Virtual Tour
Atascadero,CA 93422
Key Details
Property Type Commercial
Sub Type Business
Listing Status Pending
Purchase Type For Sale
Square Footage 3,213 sqft
Price per Sqft $435
MLS Listing ID PI24148077
HOA Y/N No
Year Built 1946
Lot Size 1.190 Acres
Acres 1.19
Property Description
Prime commercial investment opportunity with unlimited development potential. 2500 El Camino Real, Atascadero. Currently zoned Commercial Park (CPK) with the exciting prospect of being rezoned to Mixed use (Commercial Residential - CR) Featuring three buildings on a level terrain, this property has high visibility from HWY 101 / El Camino Real. The existing tenant pays $6887.76 with limited landlord expenses.
The property is positioned near the thriving business hubs of Del Rio Marketplace and Barrel Creek Development. Located in the heart of a rapidly expanding neighborhood with numerous surrounding properties and developments underway, this is a rare blue ocean opportunity in the commercial real estate landscape. Presently leased to a long-term tenant operating a successful nursery, this property offers immediate income potential while providing flexibility for future development. Buyers are encouraged to conduct their due diligence with the City to capitalize on this extraordinary investment.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning CPK -possible rezone CR
Interior
Laundry None
Exterior
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Building
Lot Description 16-20 Units/Acre,Level with Street,Lot Over 40000 Sqft,Rectangular Lot,Level,Value In Land
Story 1
Water Public
Others
Acceptable Financing None
Listing Terms None
Financing None
Special Listing Condition Standard,Trust
Confidential INFO
SIGN ON PROPERTY 1
TERMS 1031 Exchange,Cash,Cash To New Loan,Conventional
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
PRIVATE REMARKS Current tenant is MTM and pays $6887.76/month. Tenant is willing to sign long ter lease and would like to stay. For developers, tenant can also vacate within reason. The business is not for sale. Please email all offers to abel@investslo.com and nn@investslo.com. Inspections, Prelim, and NHD are in the supplements. Information pertaining to square footage and property features is usually deemed reliable but is NOT guaranteed accurate. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
SHOW CONTACT TYPE Other
SHOW CONTACT NAME Nicole Nilsson
SHOW CONTACT PH 925-708-9728
SHOW INSTRUCTIONS Please book on ShowingTime. Text Nicole at 925-708-9728 if you have any questions. All showings must be between 9am-5pm Monday-Friday.