CA > Los Osos
Los Osos, CA 93402,2005 9th ST
Los Osos, CA 93402,2005 9th ST
Los Osos, CA 93402,2005 9th ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$750,000
Est. payment /mo
5,227 Sqft Lot
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UPDATED:

11/13/2024 04:55 PM

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 24430075

HOA Y/N No

Year Built 1988

Lot Size 5,227 Sqft

Property Description

Prime Commercial Investment Opportunity in Los OsosPresenting a rare opportunity to acquire a high-visibility commercial property located at 2005 9th Street, Los Osos. This 3,720 sq ft building sits on a 5,227 sq ft lot at a prominent corner location with on-site parking. The property currently hosts service-based businesses, making it an ideal space for similar tenants.The property has undergone recent inspections, including building and pest assessments, providing transparency and peace of mind for potential investors. With two vacancies offering rental potential between $450 to $850 per month, there's significant upside for increased income. The property is currently generating a Net Operating Income (NOI) of $21,431 with a cap rate exceeding 3%, making it a strong candidate for value-add investors.Given its strategic location and the limited availability of commercial spaces in Los Osos, this property is poised for appreciation. Whether you're looking to expand your portfolio or invest in a community-focused commercial space, 2005 9th Street offers both stability and potential for growth.

Location

State CA

County San Luis Obispo

Area Osos - Los Osos

Zoning CR

Interior

Fireplace No

Exterior

Total Parking Spaces 9

Building

Story 2

Others

Tax ID 038652042

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Jody Neal • Berkshire Hathaway HomeServices California Properties

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