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2475 Victoria AvenueSan Luis Obispo, CA 93401Price: $465,000

  • Price: $465,000
  • 216 Days on Market
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Federal 30-year interest rate: 6.99% last updated on Jun 6, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $465,000List Price
  • 0.52Acreage
Welcome to Victoria Crossing in San Luis Obispo, where you can start accumulating wealth in your business and real estate. The community features 33 residential flats (FOR SALE) and three (3) modern commercial suites at ground level. An exceptional opportunity for an owner-user or investor, the commercial suites are new-construction featuring high ceilings, ample natural light, and prominent street presence. Located in a blossoming urban area just moments from downtown SLO, the property is perfect for entrepreneurs seeking to capitalize on the thriving local economy, an abundance of nearby amenities, and a built in customer base in the many flats and condos in close proximity. Suite C1 ($640,000) is 1,275 SF and features floor to celling windows and extensive outdoor patio space. Suite C2 ($465,000) is 1,021 SF and can be combined with suite C1 for close to 2,300 SF. Suite C3 ($485,000) is 1,073 SF. In addition to open street parking on both sides of Victoria and Caudill, the suites benefit from 11 onsite parking spaces dedicated to commercial use. Suites C1/C2 have access to a grease trap and venting systems, making this space ideal for a restaurant or café. All suites are sold in cold shell condition. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses. Inquire today to schedule a showing, and for details including a site plan and technical specifications. This is a rare opportunity to invest in a commercial property with amazing growth potential.
Listed by Erik Berg-Johansen of Richardson Sotheby's International Realty (805-538-1828)

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Based on information submitted to CRMLS as of June 12, 2024 10:52 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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