Under contract
Active Under Contract
2500 El Camino Real
Atascadero CA, 93422
$1,400,000
$435.73 per sqft
Under contract
Active Under Contract
3,213 sqft
Commercial
Built in 1946
Listed by Abel Contreras with Invest SLO 805-709-7143
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.
PI24148077
MLSⓇ ID
July 19, 2024
Listed
December 5, 2024
Updated
Map
2500 El Camino Real
Atascadero CA, 93422
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.19 Acres
Lot Features
16-20 Units/Acre, Lot Over 40000 Sqft, Level, Rectangular Lot, Street Level, Value In Land
Other Property Details
Area Name
ATSC - Atascadero
Days on Market
138
Garage
No
Parking Total
45
View
No
County
San Luis Obispo
Water Source
Public
Pool
No
Zoning
CPK -possible rezone CR
Listing History
Date | Event | Price |
|---|---|---|
12/3/2024 | Under contract | — |
Listing Contact: 805-295-2719
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 4:23 AM UTC