1575 Calle Joaquin - Restaurant FOR SALE


San Luis Obispo, CA 93405
$2,295,000 USD
805-234-3537
1575 Calle Joaquin, San Luis Obispo, CA for Sale
$2,295,000 USD
Restaurant - FOR SALE
1/66
null | Request Cap Rate

1575 Calle Joaquin
San Luis Obispo, CA 93405


HIGHLIGHTS

  • Freeway exposure.

OVERVIEW

THIS PROPERTY IS FOR SALE OR LEASE. A San Luis Obispo restaurant property with outstanding freeway visibility. The free-standing building consists of approximately 6000 SF with a high-volume kitchen, large prep areas and walk-in refrigeration capacity. Seating capacity for over 100 inside with two outdoor patios for additional dining. Dining areas consist of a mix of counter seats, booth seating and open dining areas that can be arranged or segregated for private parties and banquets. There is flexibility in the size and design concepts for the food service area. There are 65 parking spaces to accommodate customers. For leasing opportunities, the Landlord is in the solar business and has plans for implementing up to 50 EV charging stations in the parking area. Based upon Tenant’s term and mutual agreement this plan may be incorporated into the long-term amenities of the property. The property is located at the southern entrance to San Luis Obispo at the LOVR exit. Surrounded by 4 hotels, including the Hampton Inn and Suites and the Courtyard Marriot, and straddled on both sides of the freeway with residential housing. The property offers immediate occupancy. A tenant can customize their design concept and be ready for service with no downtime for construction or improvements. Located down the street from Costco and Home Depot, the Los Osos Valley Road corridor is the major destination for San Luis Obispo consumers. The right concept and great food can make this location a destination landmark for San Luis Obispo.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$386 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,559 SF

ZONING

CT

APN/PARCEL ID

053-171-029

ASK ABOUT THIS PROPERTY

Bill CarpenterArcher WilkinsonMore Info
805-234-3537

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Bill CarpenterArcher WilkinsonMore Info
805-234-3537

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.