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4555 El Camino Real 2,100 SF Office/Medical Condo Unit Offered at $686,098 CAD in Atascadero, CA 93422
Executive Summary
Prime commercial condo located along one of Atascadero’s main corridors, offering excellent visibility and ample parking. This end unit is prominently placed in the San Anselmo Center. With 2,100 SQFT the current layout includes a large reception area, three offices, two batherooms and large rear room. It has a 100% occupancy rate for the last 15 years. The property has been very well maintained. This location is a solid investment opportunity. Gross income for the first year to be $35,070.00 with a 4 CAP rate. 4.9 CAP rate over 7 year lease term.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 029-262-048 |
| Cap Rate | 5.40% |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| APN/Parcel ID | 029-262-048 |
Description
Prime commercial condo located along one of Atascadero’s main corridors, offering excellent visibility and ample parking. This end unit is prominently placed in the San Anselmo Center. With 2,100 SQFT the current layout includes a large reception area, three offices, two batherooms and large rear room. It has a 100% occupancy rate for the last 15 years. The property has been very well maintained. This location is a solid investment opportunity. New 7 year Lease with Dignity Health, Gross income for the first year $42,084. Estimated CAP 5.4% first year.
Sale Notes
Prime commercial condo in the San Anselmo Center, offering excellent visibility along one of Atascadero’s main corridors.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A | 2,100 SF | Office/Medical | $686,098 CAD ($326.71 CAD/SF) | $37,050.70 CAD |
Unit A
| Unit Size |
| 2,100 SF |
| Condo Use |
| Office/Medical |
| Price |
| $686,098 CAD ($326.71 CAD/SF) |
| NOI |
| $37,050.70 CAD |
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Unit A
| Unit Size | 2,100 SF |
| Condo Use | Office/Medical |
| Price | $686,098 CAD ($326.71 CAD/SF) |
| NOI | $37,050.70 CAD |
| Sale Type | Investment |
| Cap Rate | 5.40% |
| APN/Parcel ID | 029-262-048 |
| Description | |
| Prime commercial condo located along one of Atascadero’s main corridors, offering excellent visibility and ample parking. This end unit is prominently placed in the San Anselmo Center. With 2,100 SQFT the current layout includes a large reception area, three offices, two batherooms and large rear room. It has a 100% occupancy rate for the last 15 years. The property has been very well maintained. This location is a solid investment opportunity. New 7 year Lease with Dignity Health, Gross income for the first year $42,084. Estimated CAP 5.4% first year.</li></ul> | |
| Sale Notes | |
| Prime commercial condo in the San Anselmo Center, offering excellent visibility along one of Atascadero’s main corridors.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,352 SF | Typical Floor Size | 7,676 SF |
| Property Type | Office (Condo) | Year Built | 1992 |
| Property Subtype | Medical | Lot Size | 0.65 AC |
| Building Class | B | Parking Ratio | 1.3/1,000 SF |
| Floors | 2 | ||
| Zoning | CP - Commercial Professional | ||
| Total Building Size | 15,352 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 7,676 SF |
| Year Built | 1992 |
| Lot Size | 0.65 AC |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | CP - Commercial Professional |
Amenities
- Central Heating
- Reception
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
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4555 El Camino Real
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