3229 Broad

    San Luis Obispo, CA 93401
    • $3,249,000
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: SC18059093
    UPDATED: 21 min ago
    $3,249,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $325
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    The property can be purchased with OWNER FINANCING! Owner will provide up to 50% of financing to qualified Buyer. The property has unique architectural lines and function. The outstanding location offers tenants an easy access to multiple ethnic restaurants, a micro brewery and a range of services and retail outlets. This mixed-use development might be ideal for an owner user. Enjoying the approximately $100,000.00 in income from the 8 spacious apartments annually. These units are governed by a Deed restricting rents based on a City of San Luis Obispo mandate. The commercial/retail space can be demised into 3 suites or the new owner could do a condo map and add value. Please confirm with City Planning Dept. for conditions or restrictions. This location would be ideal for for engineers,architects,legal, real estate or other professional service companies.New updated information. The Commercial building can be entitled into residential uses by Buyer. The new entitlements may include up to 8 MARKET RATE apartments or a combination of a 3 room Boutique Hotel and 5 apartments. Great income producer to new Buyer. Buyer to confirm new entitlements when available from Ten Over Studios and SLO Planning Dept. To be submitted in June to Planning Dept.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T19:31:20.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/81563082

    3229 Broad San Luis Obispo, CA 93401

    • Price: $3,249,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: SC18059093
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    10,000
    SQFT
    $325
    $/SQFT
    Neighborhood:
    SLO - San Luis Obispo
    County:
    San Luis Obispo
    Area:
    SLO - San Luis Obispo
    Property Description
    The property can be purchased with OWNER FINANCING! Owner will provide up to 50% of financing to qualified Buyer. The property has unique architectural lines and function. The outstanding location offers tenants an easy access to multiple ethnic restaurants, a micro brewery and a range of services and retail outlets. This mixed-use development might be ideal for an owner user. Enjoying the approximately $100,000.00 in income from the 8 spacious apartments annually. These units are governed by a Deed restricting rents based on a City of San Luis Obispo mandate. The commercial/retail space can be demised into 3 suites or the new owner could do a condo map and add value. Please confirm with City Planning Dept. for conditions or restrictions. This location would be ideal for for engineers,architects,legal, real estate or other professional service companies.New updated information. The Commercial building can be entitled into residential uses by Buyer. The new entitlements may include up to 8 MARKET RATE apartments or a combination of a 3 room Boutique Hotel and 5 apartments. Great income producer to new Buyer. Buyer to confirm new entitlements when available from Ten Over Studios and SLO Planning Dept. To be submitted in June to Planning Dept.
    Exterior Features

    Construction Materials OtherSteelStucco Lot Features Level With StreetLot Shape-Rectangular Lot Size Units Square Feet Roof Metal

    Interior Features

    Condo Area Units Square Feet Cooling Central Cooling YN Yes Heating Forced Air Heating YN Yes Laundry Features Stackable

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Investment Property YN Yes Land Use Multi-FamilyOfficeRetail Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 8 Property Sub Type Mixed Use Retail Center Type Mixed Use Security Features Fire Sprinklers Special Listing Conditions Standard Utilities Cable Available Water Source Public

    Listing provided courtesy of Craig Losee of Central Commercial Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-18T19:31:20.047. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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