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4555 El Camino Real 2,100 SF Office/Medical Condo Unit Offered at $493,500 in Atascadero, CA 93422
Executive Summary
Prime commercial condo located along one of Atascadero’s main corridors, offering excellent visibility and ample parking. This end unit is prominently placed in the San Anselmo Center. With 2,100 SQFT the current layout includes a large reception area, three offices, two batherooms and large rear room. It has a 100% occupancy rate for the last 15 years. The property has been very well maintained. This location is a solid investment opportunity. Gross income for the first year to be $35,070.00 with a 4 CAP rate. 4.9 CAP rate over 7 year lease term.
Property Facts Under Contract
| Total Building Size | 15,352 SF | Typical Floor Size | 7,676 SF |
| Property Type | Office (Condo) | Year Built | 1992 |
| Property Subtype | Medical | Lot Size | 0.65 AC |
| Building Class | B | Parking Ratio | 1.3/1,000 SF |
| Floors | 2 | ||
| Zoning | CP - Commercial Professional | ||
| Total Building Size | 15,352 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 7,676 SF |
| Year Built | 1992 |
| Lot Size | 0.65 AC |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | CP - Commercial Professional |
Amenities
- Central Heating
- Reception
- Air Conditioning
1 Unit Available
Unit A
| Unit Size | 2,100 SF | Sale Status | Under Contract |
| Price | $493,500 | Cap Rate | 4.90% |
| Price Per SF | $235.00 | NOI | $24,181.50 |
| Condo Use | Office/Medical | APN/Parcel ID | 029-262-048 |
| Sale Type | Investment |
| Unit Size | 2,100 SF |
| Price | $493,500 |
| Price Per SF | $235.00 |
| Condo Use | Office/Medical |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 4.90% |
| NOI | $24,181.50 |
| APN/Parcel ID | 029-262-048 |
Description
Prime commercial condo located along one of Atascadero’s main corridors, offering excellent visibility and ample parking. This end unit is prominently placed in the San Anselmo Center. With 2,100 SQFT the current layout includes a large reception area, three offices, two batherooms and large rear room. It has a 100% occupancy rate for the last 15 years. The property has been very well maintained. This location is a solid investment opportunity. Gross income for the first year to be $35,070.00 with a 4 CAP rate. 4.9 CAP rate over 7 year lease term.
Sale Notes
Prime commercial condo in the San Anselmo Center, offering excellent visibility along one of Atascadero’s main corridors.
Presented by
4555 El Camino Real
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