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.
Mls | PI24148077 |
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Listing Type | For Sale |
Style | Other Business Opportunity |
Subtype | Resale |
Status | Active Under Contract |
Year | 1946 |
Days On Site | 140 |
Listing Provided By | Invest SLO 805-295-2719 | Abel Contreras |
Sq Feet | 3,213 |
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Storys | 1 |
Units | 1 |
Buildings | 3 |
Zoning | CPK -possible rezone CR |
Acreage | 1.19 |
State | CA |
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County | San Luis Obispo |
City | Atascadero |
Zip Code | 93422 |
Area | ATSC Atascadero |
Listing VS Median (in 93422) | |
Price: $1,400,000 low | high Med: $769,000 SqFt: 3,213 low | high Med: 1,829 $ / SqFt: $436 low | high Med: $420 On Site: 140 low | high Med: 22.000000 |