5802 Traffic Way
Atascadero, CA 93422
Land For Sale · 0.39 AC

Here is an outstanding Atascadero Commercial (mixed use) development opportunity in a fantastic downtown location. Finding an unimproved parcel in the Downtown district is nearly impossible, and this one comes with extensive design plans and engineering for a very cool 4-unit, mixed use building. The location is a real highlight here, being just a few blocks from the historic Atascadero Rotunda Building (City Hall), Sunken Gardens Park, the new La Plaza Center and of course the Carlton Hotel. But it is all of the effort put forth into the design and development that has gone into this project that really makes this a stand out! Many top professionals were hired to complete everything from the soils reports & topo maps to the 'green', environmentally friendly, low impact building design. Construction documents still need to be completed, but the attached images will clearly show you the street level commercial space (ideally designed for a restaurant or bakery), plus the THREE 2 bdrm, 2+ bath residential units (each with a 2 car garage and cool private patio areas). Project can be built out for single ownership, or you can finish the Tentative Map (19-047) to create individual ownership air space condos. Owner has had a change in investment plans, so is now offering this for the astute investor or builder to see it thru to completion. Owner will carry back a 1st TD to qualified buyer with 25% down for 30 months, while you obtain your construction financing.