Greg Malik Real Estate
7475 El Camino Real
Atascadero, CA 93422

Description

Rare Opportunity to Purchase a Solid Investment and Atascadero Staple! This approx 5,700 square foot building is fully occupied by two tenants with a 7 Year Lease currently in place and has 30 parking spaces. This building has been the home of Napa Auto Parts and Mike Howe's Automotive for several years and was recently revamped and taken over by CarQuest in the front main space. The building is a landmark, so to speak, in Atascadero's history. The Car Quest side is ~3,500 sq ft with a restroom and office and ample floorspace and parts counter. The back is ~2,200 sq ft with several garage bays (3 roll up doors), bathroom and office. The rent alone is producing $66,000/yr plus tenants are paying NNN. Great opportunity to own a piece of Atascadero with around 130 ft of El Camino Real street frontage and a 6.6 CAP return on your investment!

Details

MLS#NS18228726
StyleRetail
Sub-TypeResale
StatusActive
Days On Site26

Features

SQ Feet5,700
Story(s)0
Units2

Market Activity 93422

Loading Form

Loading Form

Area Information

StateCA
CountySan Luis Obispo
CityAtascadero
Zip Code93422
AreaATSC - Atascadero
Listing VS Median (in 93422)
Price:
$999,000
low | high
Med:
$464,450
100% of Average
SqFt:
5,700
low | high
Med:
1,663
100% of Average
$ / SqFt:
$175
low | high
Med:
$283
11.301954926248% of Average
On Site:
26
low | high
Med:
7
100% of Average
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 4,000 - 7,000
Listing Updated: 10/19/2018
MLS Number: NS18228726
Listing Provided By:
Maci Umbertis  of  RE MAX Parkside Real Estate
Real Estate Links Our Domains