9
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$1,950,000
Est. payment /mo
9,639 Sqft Lot
New
5145 Traffic Atascadero, CA 93422
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC26071311
HOA Y/N No
Year Built 1998
Tax Year 2026
Lot Size 9,639 Sqft
Property Sub-Type Industrial
Property Description
Prime investment or 1031 exchange opportunity in Atascadero north of a 6% cap rate! This well-maintained 9,640 square foot commercial building is located along a strong commercial corridor in North San Luis Obispo County and is being offered with an established long-term local tenant in place under a triple net lease, creating immediate income and a more passive ownership profile. At a 6.15% cap rate, this is an attractive option for investors seeking stable returns in a proven Central Coast market.
The property offers the kind of functionality that keeps commercial buildings like this in demand year after year, with multiple roll-up doors, a showroom component, and off-street parking. These are the practical features that serve real business needs, making this an asset that should remain desirable over the long term for both commercial tenants and future owner users alike. Even though the current sale is tailored to an investor, the underlying utility and flexibility of the building add to its lasting value.
For buyers looking to place 1031 exchange funds, this is the type of asset that stands out: well maintained, income producing, strategically located, and supported by an in-place tenant. Opportunities to acquire a stabilized commercial property with current cash flow, durable building utility, and long-term market appeal are increasingly hard to find.
The property offers the kind of functionality that keeps commercial buildings like this in demand year after year, with multiple roll-up doors, a showroom component, and off-street parking. These are the practical features that serve real business needs, making this an asset that should remain desirable over the long term for both commercial tenants and future owner users alike. Even though the current sale is tailored to an investor, the underlying utility and flexibility of the building add to its lasting value.
For buyers looking to place 1031 exchange funds, this is the type of asset that stands out: well maintained, income producing, strategically located, and supported by an in-place tenant. Opportunities to acquire a stabilized commercial property with current cash flow, durable building utility, and long-term market appeal are increasingly hard to find.
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Interior
Fireplace No
Laundry None
Building
Lot Description Level
Story 1
Water Public
Others
Tax ID 028191021
Special Listing Condition Standard
Listed by Ryan Benson Peak Properties 805-550-1980, DRE #01949307
NEARBY SCHOOL & BUSINESS
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