$1,375,000
$1,400,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
1.19 Acres Lot
SOLD DATE : 01/27/2025
Key Details
Sold Price $1,375,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI24148077
Sold Date 01/27/25
HOA Y/N No
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 $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
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Present Use Agricultural
Total Parking Spaces 45
Building
Lot Description 16-20 Units/Acre, Lot Over 40000 Sqft, Level, Rectangular Lot, Street Level, Value In Land
Story 1
Water Public
Others
Tax ID 049141058
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Other
Special Listing Condition Standard, Trust
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Bought with Scott Taylor • Keller Williams Realty Central Coast
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States