2475 Victoria Avenue - Restaurant FOR SALE


San Luis Obispo, CA 93401
$190,000 USD
805-781-6040
2475 Victoria Avenue, San Luis Obispo, CA for Sale
$190,000 USD
Restaurant - FOR SALE
1/15
null | Request Cap Rate

NEW


2475 Victoria Avenue
San Luis Obispo, CA 93401


HIGHLIGHTS

  • Close to downtown San Luis Obispo
  • New Construction

OVERVIEW

*MAJOR PRICE IMPROVEMENT* Unit 101 ($390,000): Approx. 1,275 SF interior space with 1,000 SF outdoor patio; Unit 102 ($190,000): Approx. 1,021 interior space; Unit 103: SOLD. Welcome to Victoria Crossing in San Luis Obispo, CA. The community features 33 residential flats (sold and occupied) and three (3) modern commercial suites at ground level. In addition to street parking on both sides of Victoria and Caudill, the commercial condos benefit from 11 onsite parking spaces. Access to a grease trap and venting systems make this space ideal for a restaurant or café. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses.

FOR SALE DETAILS

PRICE

$190,000 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

CROSS STREETS

Caudill Street

LAND ACRES

0.51 AC

LAND SF

22,097 SF

ZONING

C-R-SF

APN/PARCEL ID

004-921-027,004-927-002,004-927-005,004-927-008,004-927-009,004-927-011,004-928-009,004-929-003,004-929-007,004-929-010

ASK ABOUT THIS PROPERTY

Erik Berg-JohansenRichardson Sotheby's International RealtyMore Info
805-781-6040

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

Erik Berg-JohansenRichardson Sotheby's International RealtyMore Info
805-781-6040

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