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Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI21048750
Sold Date 10/01/21
HOA Y/N No
Year Built 1982
Tax Year 2021
Lot Size 7,501 Sqft
Property Description
Investment opportunity close to Grand Avenue and 6 blocks to the beach. Property consists of 2 separate fully leased buildings. 5 offices with private ½ baths (front building is a double unit), 6 designated parking spaces between buildings. The upstairs 2 units of rear building can be converted to residential use for increased income or use as owner's unit. View information in supplements. Buyer to verify with city. Rear building has 2 decks, some ocean view. Low maintenance property and landscaping. Modified gross leases, currently $4,355/month (terms and length vary). CBO zoning (Central Business Open Zone). Front building is approx. 1061 sft. and rear building 1572 sft. Clear termite to follow.
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Electric, Natural Gas, Wall Furnace, Zoned
Cooling None
Fireplace No
Laundry None
Exterior
Fence Good Condition, Vinyl, Wood
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Composition,Flat,Other,Shingle
Total Parking Spaces 6
Building
Lot Description Drip Irrigation/Bubblers, Front Yard, Landscaped, Level, Near Public Transit, Rectangular Lot, Sprinklers Timer
Story 2
Water Public
Others
Tax ID 060218012
Security Features Smoke Detector(s),Security Lights
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Carmen Green • C. Green Real Estate Co.
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