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IMPROVED PRICE! Presenting an enticing commercial real estate opportunity in Atascadero, CA, tailor-made for astute investors. This property comprises a self-serve carwash facility accommodating six vehicles simultaneously, along with six self-serve vacuum stations.Unit B is a standout feature, offering a climate-controlled 600 square foot office space and two separate service bays totaling over 2,000 square feet for a total of 2849 sq ft. Notably, Unit B, which includes the office space, is currently tenant-occupied, with the tenant in good standing, providing both a steady source of income and a layer of security to the investment.This investment opportunity also boasts an attractive approximate 6.5% capitalization rate, making it a compelling choice for commercial real estate investors seeking to diversify their portfolio.Positioned on the main road in Atascadero, this property benefits from high visibility and offers easy access to the Santa Rosa Highway 101 on-ramps, rendering it an ideal location to capitalize on substantial traffic. The city center is just a five-minute drive away.For comprehensive financial details and an exclusive property tour, please contact us. This property, coupled with your investment acumen, holds substantial potential for future financial success.
| Last Updated | 4/14/2024 | Year Built | 1994 |
|---|---|---|---|
| Community | Atascadero | County | San Luis Obispo |
Price History
| Prior to Apr 14, '24 | $1,350,000 |
|---|---|
| Apr 14, '24 - Today | $1,275,000 |
Additional Details
| AIR | Electric, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Atascadero |
| BUYER'S BROKERAGE COMPENSATION | 2.500 % |
| CONSTRUCTION | Block, Metal Siding |
| HEAT | Electric |
| LOT | 0.52 acre(s) |
| LOT DESCRIPTION | Near Public Transit |
| STORIES | 1 |
| UTILITIES | Cable Available,Electricity Connected,Natural Gas Available,Phone Available,Sewer Connected,Water Connected, Electric: Electricity - On Property,Standard,220 Volts in Workshop |
| WATER | Public |
Location
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Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/24 11:21 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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