2500 El Camino Real Save Request In-Person Tour Request Virtual Tour
Atascadero,CA 93422
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active Under Contract
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