$1,141,821
$1,300,000
12.2%For more information regarding the value of a property, please contact us for a free consultation.
3,998 Sqft Lot
SOLD DATE : 08/28/2023
Key Details
Sold Price $1,141,821
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI23135447
Sold Date 08/28/23
HOA Y/N No
Year Built 1987
Lot Size 3,998 Sqft
Property Description
Investors and Owner/Users, this is your chance to own a piece of Cambria. A unique opportunity in a unique part of the central coast on the iconic Pacific Coast Highway. Cambria is a well established destination for tourists and locals alike. Long term tenants in place with nice retail mix. First time on the market since 1989 and this 75% leased investment opportunity offers upside in lease up of vacant unit and working with and enjoying the tenancy of the long term tenants.
Well maintained with recent investment on roof, exterior and interior painting. Zoning is Commercial Retail and allows for many uses.
All of this in a market with essentially a 0% commercial vacancy rate! A great long term hold!
Location
State CA
County San Luis Obispo
Area Camb - Cambria
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story 1
Water Public
Others
Tax ID 022123020
Financing Cash
Special Listing Condition Standard
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Bought with Nolan Tooley • NONMEMBER MRML
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "