$ 1,400,000
2500 El Camino Real Atascadero, CA 93422
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Listed by Abel Contreras • Invest SLO
$ 1,400,000
Est. payment /mo
Active
2500 El Camino Real Atascadero, CA 93422
3,213 SqFt
UPDATED:
08/23/2024 05:19 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,213 sqft
Price per Sqft $435
MLS Listing ID CRPI24148077
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1946
Lot Size 1.190 Acres
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 over $7,000 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
Interior
Fireplace No
Building
Water Public
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