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$1,836,000
5955 East Mall, Atascadero, CA 93422
0 Beds
0 Baths
4,952 sqft

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Rare opportunity to own Downtown Commercial property in the heart of the City of Atascadero. Situated across from Sunken Gardens, La Plaza (currently under construction), and a quick stroll to the theater, restaurants and refreshments. Good tenants with NNN leases. 6755 El Camino Real has approximately 3952 square feet with two ADA bathrooms. 5955 East Mall is approximately 1000 square feet with one ADA bathroom. Capitalization rate of 5%. Parcels 1A, 1B, 1C, 1D, & 1E only are included in the sale.
  • Price:
  • $1,836,000
  • Square Footage:
  • 4,952
  • Acreage:
  • 0.23
  • Year Built:
  • 1982
  • Listing ID #:
  • NS21001547
  • Street Address:
  • 5955 East Mall
  • City:
  • Atascadero
  • State:
  • California
  • Postal Code:
  • 93422
  • County:
  • San Luis Obispo
  • Community:
  • Atascadero
  • Listing Status:
  • Active Under Contract
  • Listing Type:
  • Commercial Sale
  • Number Of Units:
  • 2
  • Stories:
  • 1
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 4952
  • Year Built:
  • 1982
  • Year Built Source:
  • Assessor
  • Annual Insurance Expenses:
  • 2123
  • Annual Maintenance Expenses:
  • 3456
  • Business Type:
  • Food & Beverage, Professional/Office, Real Estate
  • Net Operating Income:
  • 109306
  • Operating Expense:
  • 21896
  • Approximate Lot Size Range Source:
  • Public Records
  • Conforms To Zoning:
  • Downtown Commercial
  • Lot Features:
  • Corner Lot, Sprinklers In Front, Near Park, Sprinklers Timer, Street Level, Level
  • Lot Size:
  • 10000
  • Lot Square Footage:
  • 10000
  • Topography:
  • Level
  • Community Features:
  • Park
  • Days On Market:
  • 183
  • Excluded:
  • Tenant Personal Property, Parcels 2, 3, 4, 5, & Ptn 6 Are Not Included In The Sale.
  • On Market Date:
  • 2021-01-05
  • Originating Mls:
  • Crmls
  • Previous Listing Price:
  • 1875000
  • Terms:
  • Cash, Cash To New Loan
  • Street Type:
  • Mall
  • Property Taxes:
  • $10,914
  • Tax Year:
  • 2020
  • Existing Water:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Janice Bewley of Century 21 Hometown Realty
  • CACRMLS

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