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2475 Victoria Avenue 3,369 SF 62% Leased Retail Building San Luis Obispo, CA 93401 $533,403 CAD ($158.33 CAD/SF)
Investment Highlights
- Close to downtown San Luis Obispo
- New Construction
Executive Summary
*MAJOR PRICE IMPROVEMENT* Unit 101 ($390,000): Approx. 1,275 SF interior space with 1,000 SF outdoor patio; Unit 102 and Unit 103: SOLD. Welcome to Victoria Crossing in San Luis Obispo, CA. The community features 33 residential flats (sold and occupied) and three (3) modern commercial suites at ground level. In addition to street parking on both sides of Victoria and Caudill, the commercial condos benefit from 11 onsite parking spaces. Access to a grease trap and venting systems make this space ideal for a restaurant or café. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,369 SF
Building Class
C
Year Built
2023
Price
$533,403 CAD
Price Per SF
$158.33 CAD
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.51 AC
Zoning
C-R-SF - Commercial Retail (CR)
Parking
11 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Corner Lot
- Restaurant
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $6,633,678 CAD | |
| Land Assessment | $5,420,714 CAD | Total Assessment | $12,054,392 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$5,420,714 CAD
Improvements Assessment
$6,633,678 CAD
Total Assessment
$12,054,392 CAD
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2475 Victoria Avenue
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