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2005 9th Street

Los Osos, CA 93402
  • $750,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: 24430075
UPDATED: 16 min ago
$750,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1988
County:

School Ratings & Info

Listing Agent(s): Jody Neal of Berkshire Hathaway HomeServices California Properties (805-687-2666)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-02T11:32:56.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/153866886
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2005 9th Street Los Osos, CA 93402

  • Price: $750,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 16 min ago
  • ID#: 24430075
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1988
Built
Neighborhood:
OSOS - Los Osos
County:
San Luis Obispo
Area:
OSOS - Los Osos
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.
Exterior Features

Open Parking Spaces 9 Parking Total 9

Property Features

Association Fee 0 Cap Rate 3 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 21431 Special Listing Conditions Standard Zoning CR



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-02T11:32:56.63. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
10300 Fourth St. Ste 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Jody Neal of Berkshire Hathaway HomeServices California Properties (805-687-2666)