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$1,600,000 For Sale

1188 Los Osos Valley Road
Los Osos, CA 93402

4 units |
2,243 sq ft

Commercial: Retail - MLS# SP18164481
Property Photo
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Description

Prime Commercial property located with approximately 158 feet of Los Osos Valley Road frontage between Los Osos' two largest shopping centers. Only the real estate is for sale. Current tenants include a restaurant (1956 SF), caterer (500 SF), and art studio (288 SF). The grounds and additional structure formerly housed a nursery and landscape business. The 1.4999 acre parcel is located on the northwest corner of Los Osos Valley Road and Fairchild Way. The grounds are available for immediate use and for future development. (Check with County for development restrictions and requirements.) Three gates provide access along the approximately 408 feet of Fairchild Way frontage. Property has one sewer connection. Both restaurant and art studio (in primary structure) have bathrooms. The detached 20 x 25 structure does not have plumbing or bathroom. Additionally, there are a portable storage shed and a well on the property. Information not verified.

Features

  • Area: OSOS - Los Osos
  • Building Area Units: Square Feet
  • Building Status: Existing
  • Condo Area Units: Square Feet
  • Construction Materials: Wood Siding
  • Country: US
  • Directions: property is on northwest corner of Los Osos Valley Road and Fairchild Way
  • Effective Gross: 36316
  • Fence YN: Yes
  • Gross Scheduled Income: 36316.00
  • Insurance Expense: 914.00
  • Investment Property YN: Yes
  • Land Use: Retail
  • Listing Agent License: 00979401
  • Listing Office License: 00577121
  • Listing Status: Active
  • Lot Size Source: Assessor
  • Maintenance Expense: 3000.00
  • Max Total Area Units: Square Feet
  • Min Total Area Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 24492.00
  • Number Of Buildings: 2
  • Number Of Units Leased: 3
  • Operating Expense: 11824.00
  • Parking Total: 14.00
  • Property Type: Commercial
  • Retail Square Footage: 2243
  • Roof: Composition
  • Sq.Ft.: 2243
  • Sub Type: Retail
  • Topography: Level
  • Uncovered Spaces: 14.00
  • Units: 4
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public, Well
  • Zip Code: 93402

Courtesy of:

  • More info
  • John Cribb

    REALTOR®, GRI, SRES
    San Luis Obispo Realty 
    Email Me
    Voice - (805) 235-6204
    Fax - (805) 544-1031
    CalBRE: 00979401


  • More info

and our Morro Bay Affiliate & second location

Morro Bay Real Estate Partner

San Luis Obispo Realty
805-544-9161
info@san-luis-obispo-realty.com
441 Marsh Street
San Luis Obispo, CA 93401

CA BRE# 00577121

 

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