REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Valerie Walla • Century 21 Masters
$ 2,200,000
Est. payment | /mo
14,854 SqFt
$ 2,200,000
Est. payment | /mo
14,854 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 14,854 sqft
Price per Sqft $148
MLS Listing ID CRSC24254186
HOA Y/N No
Year Built 1995
Lot Size 0.759 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
Four industrial buildings totaling over 14,000 sqft located on a drive-thru lot with double frontage in an active industrial business area. Two smaller buildings are owner-occupied and will lease back. A third building is partially occupied on a month-to-month basis at $3,375 per month. The fourth building is approximately 5,000 sqft and fully leased on a three-year term at $6,050 per month. Features include 3-phase power and a flexible layout. Estimated CAP Rate is 5.5% with the potential for up to 7.6%. Excellent opportunity for investors or owner-users seeking both income and functionality in an established commercial corridor. ***Neighboring parcel at 978 Griffin is also available and offered at $500,000 with the concurrent sale of this property if additional space is needed.
Location
State CA
County San Luis Obispo
Interior
Heating Natural Gas
Fireplace No
Building
Water Public
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
GET MORE INFORMATION
Yeimalis Acevedo-Rasmussen
Broker-Owner | Lic# CA 01727676 | TX 9014437