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$ 399,000
Est. payment | /mo
0.52 Acres Lot
$ 399,000
Est. payment | /mo
0.52 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC23207216
HOA Y/N No
Year Built 2023
Lot Size 0.524 Acres
Lot Dimensions Assessor
Property Description
*PRICE IMPROVEMENT. Seller can assist with build out improvements and dedicated onsite parking available* Welcome to Victoria Crossing in San Luis Obispo, where you can start accumulating wealth in your business and real estate. The community features 33 residential flats (FOR SALE) and three (3) modern commercial suites at ground level. An exceptional opportunity for an owner-user or investor, the commercial suites are new-construction featuring high ceilings, ample natural light, and prominent street presence. Located in a blossoming urban area just moments from downtown SLO, the property is perfect for entrepreneurs seeking to capitalize on the thriving local economy, an abundance of nearby amenities, and a built in customer base in the many flats and condos in close proximity. Suite C1 ($599,000) is 1,275 SF and features floor to ceiling windows and extensive outdoor patio space. Suite C2 ($399,000) is 1,021 SF and can be combined with suite C1 for close to 2,300 SF. Suite C3 ($419,000) is 1,073 SF. In addition to open street parking on both sides of Victoria and Caudill, the suites benefit from 11 onsite parking spaces dedicated to commercial use. Suites C1/C2 have access to a grease trap and venting systems, making this space ideal for a restaurant or café. All suites are sold in cold shell condition. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses. Inquire today to schedule a showing, and for details including a site plan and technical specifications. This is a rare opportunity to invest in a commercial property with amazing growth potential.
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Zoning C-R-SF
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Membrane
Present Use See Remarks
Total Parking Spaces 11
Building
Lot Description Corner Lot
Story 4
Water Public
Others
Tax ID 004921027
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Erik Berg-Johansen • Richardson Sotheby's International Realty • 805-538-1828