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8575 El Camino Real - El Camino Corner 0.4 Acres of Commercial Land Offered at $766,744 CAD in Atascadero, CA 93422



Investment Highlights
- Hard corner lot on El Camino Real with exceptional street presence and visibility. The approximate average traffic volume of 15,000 vehicles per day.
- Additional space available on lot for expansion or future redevelopment.
- Drive thru QSR Coffee, Restuarant Land, Quick Lube
- Adjacent to a 0.6 acre commercial lot also for sale.
- Positioned in downtown Atascadero near established retail, dining, and service hubs.
- Parallel to Highway 101 with AADT of 61,000-68,000 vehicles per day
Executive Summary
Existing Infrastructure & Holding Income:
The asset includes a highly functional, structurally sound, and maintained building (currently operating as Lupita's Party Supplies). Investors or owner-users can tap into immediate utility, utilize the structure for adaptive reuse offices/waiting lounges, or clear the site for a standard corporate redevelopment project. Utilities are already fully hooked up to the structure, saving thousands in development fees.
Zoning & Development Advantage:
Zoned Commercial Retail (CR) under the City of Atascadero Municipal Code, the site accommodates a wide range of auto-oriented services, fast-casual restaurants, and general retail ventures. Price aggressively at an established market baseline of $550,000; this asset represents a highly secure investment insulated by continuous regional commercial expansion.
This commercial corner lot has an existing business leasing the property. The business is Lupita's Party Supplies. Please do not disturb the tenants with questions about the property. The property consists of lots 8&9. The side road is Cascada Road. The property is very visible, especially being on the corner. This opens up many possibilities for future expansion and entrances to the property. Prime location for businesses.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot 8,&9
| Price | $766,744 CAD | Lot Size | 0.40 AC |
| Price Per AC | $1,916,860.06 CAD |
| Price | $766,744 CAD |
| Price Per AC | $1,916,860.06 CAD |
| Lot Size | 0.40 AC |
The lot currently has a building on lots 8&9. Approximately 900 square feet, and is being leased. There is a lot of extras space left on lot 9 to add on. The lot has high visibility from the main street El Camino Real for a high profile business.
Description
The property consists of two lots, currently zoned for commercial use. It is slated to become CI (commercial innovation) land use under the new General Plan 2045 that is headed toward adoption this fall. Please check with the city for all available uses under the upcoming adoption. This property can support a wide variety of businesses, ranging from auto service centers, coffee shops, and drive-throughs.
Property Taxes
| Parcel Number | 030-512-003 | Total Assessment | $618,687 CAD (2026) |
| Land Assessment | $407,428 CAD (2026) | Annual Taxes | -$1 CAD |
| Improvements Assessment | $211,259 CAD (2026) | Tax Year | 2025 |
Property Taxes
Presented by
Craig Bailey
8575 El Camino Real - El Camino Corner
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