2500 El Camino Real - Garden Center FOR SALE


Atascadero, CA 93422
$1,400,000 USD
805-709-7143
2500 El Camino Real, Atascadero, CA for Sale
$1,400,000 USD
Garden Center - FOR SALE
1/34
null | 4.42% Cap Rate

2500 El Camino Real
Atascadero, CA 93422


HIGHLIGHTS

  • Great in place Tennant willing to sign long term lease - or great for future development.

OVERVIEW

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 $6,887.76 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.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$436 USD /SF

CAP RATE

4.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

2500 El Camino Real, Atascadero, CA 9342

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Garden Center

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.19 AC

LAND SF

51,836 SF

ZONING

CPK - CR

APN/PARCEL ID

049-141-058

ASK ABOUT THIS PROPERTY

Abel ContrerasInvestSLOMore Info
805-709-7143

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Abel ContrerasInvestSLOMore Info
805-709-7143

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.