3229 Broad

    San Luis Obispo, CA 93401
    • $3,240,000
    • STATUS: Pending
    • ON SITE: 243 days
    • ID#: SC18059093
    Pending
    UPDATED: 11 min ago
    $3,240,000
    • 0
      BEDS
    • 0.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $324
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    The property can be purchased with OWNER FINANCING! Owner will provide up to 75% 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 4 or more "FOR SALE" condos, thus adding VALUE. This location would be ideal for for engineers,architects,legal, real estate or other professional service companies.New updated information. The Commercial building will be re- entitled into Commercial Condos by Seller. The new entitlements may include up to 6 MARKET RATE commercial condos. Great income producer to new Buyer. Buyer to confirm new entitlements when available from Above Grade Engineering and SLO Planning Dept. To be submitted in June to Planning Dept.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-13T19:34:15.84. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/81563082

    3229 Broad San Luis Obispo, CA 93401

    • Price: $3,240,000
    • Status: Pending
    • Updated: 11 min ago
    • ID#: SC18059093
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.57
    Acres
    10,000
    SQFT
    $324
    $/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 75% 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 4 or more "FOR SALE" condos, thus adding VALUE. This location would be ideal for for engineers,architects,legal, real estate or other professional service companies.New updated information. The Commercial building will be re- entitled into Commercial Condos by Seller. The new entitlements may include up to 6 MARKET RATE commercial condos. Great income producer to new Buyer. Buyer to confirm new entitlements when available from Above Grade Engineering and SLO Planning Dept. To be submitted in June to Planning Dept.
    Exterior Features

    Construction Materials OtherSteelStucco Lot Features Level With StreetLot 20000-39999 SqftLot 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 InsideStackable

    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 AvailableElectricity 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 2018-11-13T19:34:15.84. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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