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    5750 Traffic Way

    Atascadero, CA 93422
    • $999,000
    • STATUS: Pending
    • ON SITE: 159 days
    • ID#: PI21038798
    Pending
    UPDATED: 24 min ago
    $999,000
    • 0
      BEDS
    • 0.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,078
      SQFT
    • $325
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1963
    County:

    School Ratings & Info

    Description

    Rare opportunity to purchase a property that can immediately generate cash flow with the added potential bonus of future multifamily expansion. Over a half-acre of land that is zoned MF20 this property may be improved with up to a 10-unit multifamily development. The modern medical office building and a charming residential home located on the property both generate rental income. The two office spaces are each approxamently 1,200 SF and share a common waiting room and outdoor break area. The property has plenty of off-street parking to accommodate patients and guest. Between the potential cash flow and further development this is an opportunity you don't want to miss.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T08:30:05.883. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/114500059
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    5750 Traffic Way Atascadero, CA 93422

    • Price: $999,000
    • Status: Pending
    • Updated: 24 min ago
    • ID#: PI21038798
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.54
    Acres
    3,078
    SQFT
    $325
    $/SQFT
    1963
    Built
    Neighborhood:
    ATSC - Atascadero
    County:
    San Luis Obispo
    Area:
    ATSC - Atascadero
    Property Description
    Rare opportunity to purchase a property that can immediately generate cash flow with the added potential bonus of future multifamily expansion. Over a half-acre of land that is zoned MF20 this property may be improved with up to a 10-unit multifamily development. The modern medical office building and a charming residential home located on the property both generate rental income. The two office spaces are each approxamently 1,200 SF and share a common waiting room and outdoor break area. The property has plenty of off-street parking to accommodate patients and guest. Between the potential cash flow and further development this is an opportunity you don't want to miss.
    Exterior Features

    Construction Materials BlockFrameGlassConcrete Lot Features Drip Irrigation/BubblersNear Public TransitSprinkler System Open Parking Spaces 10 Parking Total 10 Roof Reflective Sign On Property YN Yes

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Common Interest None Current Financing Conventional Electric 220 Volts Exclusions All Tenants Personal Property Laundry Features Inside Lease Considered YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Property Sub Type Mixed Use Special Listing Conditions Standard Utilities Natural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public

    Listing provided courtesy of Jeffrey Landon of Keller Williams Realty Central Coast


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T08:30:05.883. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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