2500 El Camino Real Active

Atascadero,CA 93422

$ 1400000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID PI24148077

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

Laundry None

Exterior

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Building

Lot Description 16-20 Units/Acre,Lot Over 40000 Sqft,Level,Rectangular Lot,Street Level,Value In Land

Story 1

Water Public

Others

Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard,Trust

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