1188 Los Osos Valley Road

    Los Osos, CA 93402
    • $1,600,000
    • STATUS: Active
    • ON SITE: 127 days
    • ID#: SP18164481
    UPDATED: 47 min ago
    $1,600,000
    • 0
      BEDS
    • 1.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,243
      SQFT
    • $713
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Prime Commercial property located with approximately 158 feet of Los Osos Valley Road frontage between Los Osos' two largest shopping centers. Only the real estate is for sale. Current tenants include a restaurant (1956 SF), caterer (500 SF), and art studio (288 SF). The grounds and additional structure formerly housed a nursery and landscape business. The 1.4999 acre parcel is located on the northwest corner of Los Osos Valley Road and Fairchild Way. The grounds are available for immediate use and for future development. (Check with County for development restrictions and requirements.) Three gates provide access along the approximately 408 feet of Fairchild Way frontage. Property has one sewer connection. Both restaurant and art studio (in primary structure) have bathrooms. The detached 20 x 25 structure does not have plumbing or bathroom. Additionally, there are a portable storage shed and a well on the property. Information not verified.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-16T19:36:21.523. 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. Licensed in the State of California, USA.
    www.pismohomes.com/homes/85518625

    1188 Los Osos Valley Road Los Osos, CA 93402

    • Price: $1,600,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: SP18164481
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.5
    Acres
    2,243
    SQFT
    $713
    $/SQFT
    Neighborhood:
    OSOS - Los Osos
    County:
    San Luis Obispo
    Area:
    OSOS - Los Osos
    Property Description
    Prime Commercial property located with approximately 158 feet of Los Osos Valley Road frontage between Los Osos' two largest shopping centers. Only the real estate is for sale. Current tenants include a restaurant (1956 SF), caterer (500 SF), and art studio (288 SF). The grounds and additional structure formerly housed a nursery and landscape business. The 1.4999 acre parcel is located on the northwest corner of Los Osos Valley Road and Fairchild Way. The grounds are available for immediate use and for future development. (Check with County for development restrictions and requirements.) Three gates provide access along the approximately 408 feet of Fairchild Way frontage. Property has one sewer connection. Both restaurant and art studio (in primary structure) have bathrooms. The detached 20 x 25 structure does not have plumbing or bathroom. Additionally, there are a portable storage shed and a well on the property. Information not verified.
    Exterior Features

    Carport Spaces 0.00 Construction Materials Wood Siding Fence YN Yes Fencing Chain LinkGood Condition Lot Features Corner LotLot Over 40000 SqftLot Shape-RectangularLot-Level/FlatNear Public TransitWalkstreet Lot Size Dimensions 158X414x162x408 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 14.00 Roof Composition Topography Level

    Interior Features

    Condo Area Units Square Feet Cooling None Cooling YN No Laundry Features None

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Current Use Comments Restaurant And Art Studio Effective Gross 36316 Expense Year 2016 Gross Scheduled Income 36316.00 Insurance Expense 914.00 Investment Property YN Yes Land Use Retail Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Assessor Maintenance Expense 3000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 24492.00 Number Of Units Leased 3 Occupancy Occupied Operating Expense 11824.00 Property Sub Type Retail Real Estate Tax Expense 7910.00 Retail Square Footage 2243 Special Listing Conditions Standard Tax Year 2016 Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source PublicWell

    Listing provided courtesy of John Cribb of San Luis Obispo Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-16T19:36:21.523. 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. Licensed in the State of California, USA.
     
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