Greg Malik Real Estate
2262 Main Street
Cambria, CA 93428

$1,550,000

Description

Prime commercial in the heart of the East Village of Cambria. Iconic to the central coast, this historic building has been completely remodeled from top to bottom in 2008. The entire 5000 Square feet has been updated with numerous enjoyment and safety features, designed with the flavor of the wild west. With 6 apartments above, and a commercial space below, currently leased to Mozzis Saloon, sit back and collect the rents or explore endless opportunities for your future business endeavors. One of the only mixed use commercial buildings on Main Street with numerous apartments above, once used as hotel rooms, in high demand and always rented grossing $8500 per month AND INCREASING IN 2019. Permitted as a hotel, the units above could be treated like vacation rentals. County information is also attached. A SUMMARY OF PROFIT AND LOSS STATEMENTS AND PROJECTIONS FOR 2019 ARE ATTACHED TO LISTING.

Details

MLS#SC18165130
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1922
Days On Site157

Features

SQ Feet5,000
Story(s)2
Units7

Market Activity 93428

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Area Information

StateCA
CountySan Luis Obispo
CityCambria
Zip Code93428
AreaCAMB - Cambria
Listing VS Median (in 93428)
Price:
$1,550,000
low | high
Med:
$230,000
100% of Average
SqFt:
5,000
low | high
Med:
0
100% of Average
$ / SqFt:
$310
low | high
Med:
$0
100% of Average
On Site:
157
low | high
Med:
207.5
75.66265060241% of Average
Listing Updated: 12/15/2018
MLS Number: SC18165130
Listing Provided By:
Kellie Williams  of  Coldwell Banker Kellie Assoc
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