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2475 Victoria Avenue 3,369 SF 100% Leased Retail Building San Luis Obispo, CA 93401 $390,000 ($115.76/SF)
INVESTMENT HIGHLIGHTS
- Close to downtown San Luis Obispo
- New Construction
EXECUTIVE SUMMARY
*MAJOR PRICE IMPROVEMENT* Unit 101 ($390,000): Approx. 1,275 SF interior space with 1,000 SF outdoor patio; Unit 102 and Unit 103: SOLD. Welcome to Victoria Crossing in San Luis Obispo, CA. The community features 33 residential flats (sold and occupied) and three (3) modern commercial suites at ground level. In addition to street parking on both sides of Victoria and Caudill, the commercial condos benefit from 11 onsite parking spaces. Access to a grease trap and venting systems make this space ideal for a restaurant or café. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,369 SF
Building Class
C
Year Built
2023
Price
$390,000
Price Per SF
$115.76
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.51 AC
Zoning
C-R-SF - Commercial Retail (CR)
Parking
11 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 004-921-027 | Improvements Assessment | $3,240,400 |
| Land Assessment | $2,705,040 | Total Assessment | $5,945,440 |
PROPERTY TAXES
Parcel Number
004-921-027
Land Assessment
$2,705,040
Improvements Assessment
$3,240,400
Total Assessment
$5,945,440
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2475 Victoria Avenue
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