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.
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.
Property Details
Price:
$1,400,000
MLS #:
PI24148077
Status:
Active
Baths:
0
Address:
2500 El Camino Real
Type:
Commercial
Subtype:
Business
Neighborhood:
atscatascadero
City:
Atascadero
Listed Date:
Jul 8, 2024
State:
CA
ZIP:
93422
Year Built:
1946
Schools
Interior
Exterior
Parking Spots
45.00
Stories Total
1
Water Source
Public
Financial
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …
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Courtesy of Invest SLO. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.2500 El Camino Real
Atascadero, CA
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