Greg Malik Real Estate
3229 Broad
San Luis Obispo, CA 93401

Description

This Mixed-Use property can be purchased with OWNER FINANCING. Owner will consider up to 75% carry back to all qualified Buyers. This property is well designed offering unique architectural lines and function. The outstanding location offers tenants easy access to multiple ethnic restaurants, a micro brewery and a range of services and retail outlets. This mixed-use development might be ideal for an owner user. The residential income is approximately $100,000.00 per year. The eight units are very spacious, with 6 (1) Bedroom (1) bath units and 2 (3) Bedroom (2) Bath units. The commercial/retail building is currently being re-entiled into up to 6 commercial condos by Above Grade Engineering. The location would be ideal for an engineering firm, Tech Company,CPA, architects, legal, real estate or other professional services company. Seller is in the process of entitling the Commercial building into up to 6 Commercial Condos FOR SALE at market rates. Take advantage of the opportunity to leverage this asset with OWNER FINANCING now!

Details

MLS#SC18066877
Sub-TypeResale
StatusActive
Year2013
Days On Site299

Features

SQ Feet11,250
Units8
Building(s)1

Market Activity 93401

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Area Information

StateCA
CountySan Luis Obispo
CitySan Luis Obispo
Zip Code93401
AreaSLO - San Luis Obispo
Listing VS Median (in 93401)
Price:
$3,240,000
low | high
Med:
$357,500
100% of Average
SqFt:
11,250
low | high
Med:
984
100% of Average
$ / SqFt:
$288
low | high
Med:
$364
23.758995122247% of Average
On Site:
299
low | high
Med:
54
100% of Average
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 8,000 - 14,000
Listing Updated: 01/15/2019
MLS Number: SC18066877
Listing Provided By:
Craig Losee  of  Central Commercial Group
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