Pending
2005 9th Street
Los Osos CA, 93402
$750,000
$201.61 per sqft
Pending
3,720 sqft
Commercial
Built in 1988
Listed by Jody Neal with Berkshire Hathaway HomeServices California Properties 805-252-9267
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.
24430075
MLSⓇ ID
August 5, 2024
Listed
November 13, 2024
Updated
Map
2005 9th Street
Los Osos CA, 93402
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.12 Acres
Other Property Details
Area Name
OSOS - Los Osos
Days on Market
95
Garage
No
Parking Total
9
View
No
County
San Luis Obispo
Pool
No
Zoning
CR
Listing History
Date | Event | Price |
|---|---|---|
11/13/2024 | Pending | — |
Listing Contact: 805-687-2666
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/13/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/13/2024 at 5:26 PM UTC