Homes for sale - 2500 El Camino Real, Atascadero, CA 93422

Additional details

Paul Ward

paul@homeandranchteam.com +1(805) 479-5004

Listed by Abel Contreras • Invest SLO

$1,400,000

Est. payment - /mo

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UPDATED:

12/04/2024 06:37 AM

Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PI-24148077

Year Built 1946

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

Zoning CPK -possible rezone CR

Interior

Laundry None

Exterior

Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected

Building

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

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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2500 El Camino Real Atascadero, CA 93422

Paul Ward

Key Details

Location

Interior

Exterior

Building

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