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$ 2,200,000
Est. payment | /mo
9,639 Sqft Lot
$ 2,200,000
Est. payment | /mo
9,639 Sqft Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC25042209
HOA Y/N No
Year Built 1998
Lot Size 9,639 Sqft
Property Sub-Type Industrial
Property Description
Excellent investment opportunity! This large industrial building in a small condominium center on Traffic Way offers a solid cap rate of approximately 5.5%. The current long-term tenant, Atascadero Door Company, has been in business for 30+ years and pays $10,000/month NNN, with rent scheduled to increase in 2026. The lease runs through 2029, with two five-year options to extend.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning Industrial
Interior
Fireplace No
Laundry None
Exterior
Present Use Industrial
Building
Lot Description 0-1 Unit/Acre, Level
Story 1
Others
Tax ID 028191021
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://youtu.be/SInz5VW_Q3I
Listed by Valerie Walla Century 21 Masters 805-853-8318
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Carlos Echegaray
Broker | Lic# DRE 02006401