Commercial for Sale, California | Page 1-001-11-30T00:00:00-08:00
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Atascadero, 6955 El Camino Real

Price: $9,950,000
Type: Office
Property Size: 15,091
Year Built: 1980
ZIP: 93422
Description: High quality single tenant net lease (STNL) investment located on the Central Coast. Triple Net Corporate Lease with First Choice Physician Partners, a subsidiary of Tenet Healthcare Corporation, and guaranteed by Twin Cities Community Hospital, Inc. 10-Year initial lease term with + / – 8 years remaining with fixed 3% annual increases to the Base Rent. Property was extensively renovated in 2017/18 and is ideally located on the corner of El Camino Real and State Route 41 where two major arterial roadways connect making it one of Atascadero’s most important intersections in the City. Current Net Operating Income (in-Place) is $526,618 Cap Rate is 5.29% Please click on the supplemental link to access the full offering memorandum regarding this investment opportunity.

Arroyo Grande, 1291 Mesa View Drive

Price: $8,500,000
Type: Industrial
Property Size: 47,000
Description: Callender Commercial Park is located at 1291 Mesa View Drive, Arroyo Grande, California. Callender Commercial Park consists of ten separate parcels totaling + / -15.45 acres in the unincorporated area of San Luis Obispo County. The subject property is 100% occupied and leased to long term tenants, two of the three buildings are on month to month tenancy. Currently there are three reinforced concrete buildings totaling + / -47,000 sq.ft and an approved 10,000 square foot building ready to break ground. Each building is located on separate parcels with heavy 3-phase power individually metered. Premises is extremely secure with perimeter fencing and automatic entrance gate. Additional upside in restructuring the leases or a new owner could occupy two of the buildings.

Santa Maria, 1755 A Street

Price: $7,998,000
Type: Industrial
Property Size: 3,008
Year Built: 1975
ZIP: 93455
Description: ± 52 acres of commercial land for sale, zoned for professional offices and light industrial purposes. Located on A Street within the Area 9 Specific Plan, the property consists of two legal parcels currently farmed in strawberries, in addition to a single-family residence, shop and garage. Zoned CPO and PD / M-1. Purchase Price: $7,998,000

Arroyo Grande, 200 Station Way

Price: $6,500,000
Type: Mixed Use
Property Size: 19,003
Year Built: 2000
Description: An incredible opportunity to own a strong asset in the historic Village of Arroyo Grande. Offering comprises two separate buildings (Building 1 9198 sq.ft) (Building 2 10144 sq.ft) within the four building “Village Creek Promenade”, a professional medical / dental business park. Both buildings sit on a single, legal parcel with “mixed use” zoning. The subject property located at 200-230 Station Way is a mixed use building that includes medical / office / service / residential based tenants There are two tastefully designed residential flats that are currently being rented out as an Airbnb, Lush landscaping creates a genuine “park like” setting. The larger 2,200 sq.ft apartment has 2 full kitchens. Well diversified, high quality tenant base provides long term stability and security. This building is stabilized and has an excellent tenant mix of medical occupancies, dental and tax and financial services. Being near to highway 101, it has excellent accessibility. Approximately $1,800,000 worth of high end tenant improvements. (Cap Rate is based on last years expenses, proforma rent on vacancy, and current rent roll) This property is nothing short of pristine and it shows like a dream. Easy management currently by owner / occupant.

Paso Robles, 416 Spring Street

Price: $6,500,000
Type: Office
Property Size: 22,400
ZIP: 93446
Description: + / – 22,400 sq.ft 3 story building. Currently houses Community Health Centers. Zoned C2 (Highway Commercial). Built in 2007. APN 009-261-020

Templeton, 250 Winery Road

Price: $5,750,000
Type: Agriculture
Property Size: 7,091
Year Built: 1964
ZIP: 93465
Description: Turn key Paso Robles winery. + / – 35 acre parcel with a + / – 20 acre vineyard. + / – 5,527 sq.ft wine facility with tasting room. + / – 1,564 sq.ft Club House. + / – 30 gpm well, + / – 38,000 gallon water tank (s). Over 900 Club members. Unlimited permit winery. Located in the Willow Creek AVA. 10,000 case production setup. $6,250,000

5285 Huasna Townsite Road

Price: $5,500,000
Type: Ranch
Property Size: 6,810
ZIP: 93420
Description: Horse Ranch in the Huasna Valley is a 300 acre private and secluded turn-key equestrian property of the highest quality for the owner, breeder, and / or trainer that wants the very best. Equestrian facilities include: large hay barn with vehicle storage / maintenance area; state of the art 10 stall courtyard stable with office and feed / employees rooms; lighted, covered arena with custom irrigated footing; 8 paddocks; 2 run-in barns with feeders; Nelson auto waterers; non-climb fencing; 60 ft. Round pen; and a large 18 acre fenced pasture. Property also has scenic trails. The property was carefully developed to protect and preserve the natural beauty of the land. Two owner / family residences feature custom contemporary architecture with solar design, radiant floor heat, air condition and 2 car garages. Eco friendly materials and energy star appliances are used throughout. A guest / employees apartment with garage and fenced yard is attached to the hay barn. In addition there is an older 3 bedroom / 2 bath home on the property. Other features include 3 wells, 2 original windmills, abundant wildlife. The total square footage is indicated for all structures as well as bedrooms and baths. Just bring your horses! APN 085-012-064 and 065 and 066 plus 085-012-067.

San Luis Obispo, 867 Higuera Street

Price: $5,250,000
Type: Retail
Property Size: 6,850
Year Built: 1953
ZIP: 93401
Description: This retail building is located in the absolute heart of Downtown San Luis Obispo, which is the heart of shopping, restaurants and entertainment in San Luis Obispo County. The property is adjacent to The Downtown Center and Wineman Hotel with neighboring tenants including Athleta, Express, The Apple Store, Starbucks, The Habit, Vans, Downtown Cinemas and numerous restaurants and shops. Properties on the 800 block of Higuera Street do not come available often. This is an opportunity to own one that is as well positioned as one could hope for and considered “Ground Zero” for Downtown San Luis Obispo real estate. $5,250,000.00

Paso Robles, 1605 Commerce Way

Price: $4,600,000
Type: Warehouse
Property Size: 39,000
Description: Make us an offer. We are motivated. Are you? Located on a 2 acre site with room for expansion, the building consists of 30,500 sq.ft of warehouse with three 14×16 roll up doors and a covered loading dock. As you enter the building through a double door security entry, you see 5000 sq.ft of main floor bull pen and private offices. There is also a 3500 sq.ft mezzanine which includes a skylit break room with kitchen. The private office spaces each have wide view windows of the warehouse floor. The south side one acre is paved, fenced and gated, available for outdoor storage and parking. Three power panels, 480 volt, 2000 AMPS. Warehouse is temperature controlled with ceiling hung space heaters and eight coolers. Insulated ceiling height is 16 foot to 18 foot.

Atascadero, 9525 El Camino Real

Price: $4,550,000
Type: Business
Property Size: 19,152
Year Built: 1979
ZIP: 93422
Description: Here is the perfect investment property you have been waiting for! Stable government tenant rents over one-half the property and has recently renewed. Easy to manage with low expenses and stable income. Great corner location and Santa Rosa Street ends into the property. Plenty of off-street and on-street parking. It is priced way below replacement cost at $248 per foot (Land and building). Separate buildable lot also included in price. Build up to a 6,000 sq. Ft. On this 10,000 sq. Ft. Separate lot building in this high demand area. Perfect property for an exchange and long term hold!

San Luis Obispo, 1109 Kendall Road

Price: $4,250,000
Type: Office
Property Size: 45,291
ZIP: 93401
Description: Unimproved commercial parcel. Currently showing 3 separate parcels with 3 separate APN’s. Lot line adjustments have reconfigured the parcels to be 2 parcels – corner parcel at 2.53 gross acres and interior parcel at 1.5 gross acres. Owner in process of trying to get the parcel map corrected with the County of SLO. Property is currently in the County of SLO, with annexing into the City of SLO currently in process. Check allowed uses with both depending on time frame to develop. Currently approved entitlements for building (attached file) is for a 2 story office use building consisting of 45291 sq.ft and parking ratio at 5 per 1000 ft. CS zoning allows for different uses in the County versus the City of SLO. Broker / Owner will consider options – build to suit, build and partial sale to a user, carry partial note with substantial down, build for a tenant to lease and future sale, etc. Broker / owner is open to other considerations and uses (if approved by the County or City of SLO – depending on final annexation). Property is owned F / C and can finance building of this project for an end user. Submit any requests for sellers consideration. Sale of both properties must be contingent on Seller finding a replacement property and completing a 1031 exchange. Details in private remarks for Brokers.

San Luis Obispo, 920 Olive Street

Price: $3,600,000
Type: Hotel/Motel
Property Size: 8,737
Year Built: 1961
ZIP: 93405
Description: Location. Location. Location, sitting on over an acre of prime San Luis Obispo Real Estate, with sweeping views of the surrounding hillsides. Just minutes from beautiful downtown San Luis Obispo, with an array of restaurants, festivals, shopping, farmers markets, wineries and tourist attractions including all the local beaches. This established Motel offers a total of 18 furnished rooms, an abundance of parking, coin laundry, swimming pool, and a manager’s unit. Potential abounds, check with the City of San Luis Obispo for expansion options of up to 80 units on this oversized lot

Paso Robles, 5185 Union Road

Price: $3,500,000
Type: Agriculture
Property Size: 1,135
Year Built: 1962
Description: 145 acres Paso Robles winery, tasting room and 46 acres vineyard with video surveillance system and a separate kitchen building, entertainment facility and breathtaking venue grounds. The 46 acres vineyard is planted in Cabernet Sauvignon, Merlot, Syrah, Grenache, Petite Syrah and Petit Verdot. There is a residence building about 1135 sq’, 3 bd + 2 bath, with breathtaking views to become your dream home. With usable land and great water, the 60 + / – olive trees in orchard will have olive oil extract potential. The main well has a 300-400 GPM potential with a larger motor. The property features a winery with 5*3000-gallon stainless steel tanks and 10*1500-gallon stainless steel tanks and an insulated wine storage facility with A / C temperature control. The well-maintained modern wine-making equipment includes the elevator, de-stemmer / crusher, press, glycol chiller and must pump etc. This is a rare opportunity to own a property with so much acreage and potential; while it is conveniently located near the town center and shopping area. Inventory and equipment are available for purchase at negotiable prices.

Lompoc, 1119 West Laurel Avenue

Price: $3,500,000
Type: Industrial
Property Size: 50,000
Description: Well located industrial zoned parcel with three older warehouse buildings totaling just under 50,000 sq. Ft. And a + / – 1,100 sq. Ft. Office building. Site includes operating truck scale. Property is fenced and secure. Excellent re-development site.

Santa Maria, 3170 Santa Maria Way

Price: $3,330,000
Type: Multi Family
Property Size: 387,248
ZIP: 93455
Description: This 8.89 acre site is now surrounded by residential development. The site is one of the key in-fill sites in southeast Santa Maria. The Hi-Way Drive-In has been owned and operated as a drive-in theatre since 1959. Currently zoned PD / C2, the potentially allowed uses include senior housing, medical and / or professional office and other commercial uses. The City of Santa Maria is also encouraging a potential shift to residential development as the land use in the area has changed over the last 60 + years. Great opportunity for residential, commercial, or perhaps a mixed use project. Please contact brokers for more information or to schedule your property tour.

San Luis Obispo, 3229 Broad

Price: $3,275,000
Type: Mixed Use
Property Size: 8,500
ZIP: 93401
Description: Location and exposure. Stand alone commercial building and 8 apartments ready for a new owner in San Luis Obispo. The commercial / retail space can be demised into 6 “FOR SALE” condos, thus adding VALUE. This location would be ideal for for engineers, architects, legal, real estate or other professional service companies. Sale includes both properties being subdivided. New Buyer can close prior to map recording or after map records. All 8 apartments are part of inclusionary housing program in the City of San Luis Obispo. The commercial units are not part of the housing element. New updated information. The Commercial building is being re- entitled into Commercial Condos by Seller. The new entitlements will include up to 6 MARKET RATE commercial condos. Great income producer to new Buyer. Subdivision map to record in approximately 30 days. Buyer to confirm all aspects of Condo and Subdivision Map at City of San Luis Obispo Planning Dept. Property will record before 12/15/19 as a new APN. Subdivision map will record to create two parcels. One parcel will be the commercial condo, as described. The second APN will have 8 apartments.

Buellton, 39 Industrial Way

Price: $3,250,000
Type: Mixed Use
Property Size: 66,882
Description: Lee and Associates Central Coast is pleased to present the opportunity to purchase the fully entitled multi-tenant industrial project, The Station, in Buellton, CA. This property is located at the end of Industrial Way, a street which has evolved into a vibrant destination of exciting businesses including Figueroa Mountain Brewery, Margerum Wine Company, Summerland Wine Company, Ascendant Spirits Distillery, Industrial Eats, Central Coast Group Project Winery and more. This thriving corridor combines businesses representative of a booming wine region with demand for additional space to accommodate the growth. The Station’s beautifully designed building will be ideally positioned to capture the growing demand for quality industrial space for these varied businesses.

Paso Robles, 2805 Theatre Drive

Price: $3,200,000
Type: Hotel/Motel
Property Size: 1,500
ZIP: 93446
Description: HWY 101 Visibility! Frontage on Theater Drive close to the Target Center. This is two C2 properties with many potential uses. Over 14 + / – acres Gross. The net acreage per parcel map is 12 + / -acres of flat to gently rising development land. Please see the city planning department for your intended use, far too many to list. The Zoning Matrix is attached here-in with zoning maps as well as Parcel Maps. Review services maps with city for exact location for sewer and water which appears to be in Theater Drive. New York Times placed Paso Robles #6 in the word to visit. Just Sayin’. Best location, not too many of these left. Please do not disturb tenants, mobile home on property not a part of sale. *Buyer to review all aspects of the property with licensed individuals and city planning for buyer’s intended use. Information gathered for sales efforts from the seller and listing agent are thought to be from reliable sources but are not verified or guaranteed. Buyer agrees to verify all information during buyer’s due diligence and prior to purchase concerning all aspects for proposed use including services and development.

San Luis Obispo, 1229 Carmel Street

Price: $2,950,000
Type: Retail
Property Size: 12,000
Year Built: 1974
Description: Great opportunity to purchase this 12,000 sq.ft retail building in downtown San Luis Obispo located near the intersection of Higuera and Marsh Streets and close to Hwy 101 on and off ramps. This section of town is experiencing a renaissance with new mixed-use projects and micro-breweries springing up in the neighborhood. Easy access, good parking, loading dock and truck well provide elements for many potential uses. The building is currently demised into two spaces (10,000 sq.ft and 2,000 sq.ft) with separate electrical, restrooms and HVAC. There are two sets of restrooms in each space, newer roof and 5 – 5 ton HVAC units.

Morro Bay, 2030 Main Street

Price: $2,950,000
Type: Specialty
Property Size: 10,318
Year Built: 2007
Description: Artistry, Luxury, Pride of Ownership, Major Functionality and Flexibility offered by this One of a kind Morro Bay Property. Occupying Business NOT for Sale. Think beyond the Box! Two Offerings: Full Buyout of Property ( $2,950,000) or Tenants in Common / Partition selling the South Warehouse with Custom Allowances ( $1,700,000). Multiple Operator / Tenants can function within this design. Central Multi-Level Office Space with Showroom, Conference and private offices. Two Large Gargae / Warehouses. West is 2380 sq.ft, South is 3775 sq.ft. Each Warehouse is wide open – Two Story Tall Interiors with Exposed open beam design and approx. 50ft deep. Customize the spaces to suit your needs. Luxury Car Owners will love the showroom space, have a clubhouse and warehouses to stack’m and pack’m! Bay Doors are 16′ Tall. Side of Building Parking is 50′ deep! Top quality Construction, Excellent Coastal Location, Ample Parking Spaces. Highway 1 Frontage. Square Footage listed represents overall sqft per plans. See Interior 3D Tour to view the scale and flexibility of this building!

Morro Bay, 218 Pacific

Price: $2,880,000
Type: Hotel/Motel
Property Size: 4,560
Year Built: 1946
Description: Pacific Street Cottages, a 5 Star eight-unit residential complex overlooking picturesque Morro Bay harbor, Embarcadero, and Rock. An incredible sited parcel with 4 APNs conveniently close to world-class dining, Marina Square, shopping, beaches, and downtown. Only a half block to the Embarcadero and harbor. This eight-residence group offers a true coastal hideaway of unsurpassed natural beauty. Individually licensed as Vacation Rentals with increasing monthly year over year income. Immediate receivable 2020 cash flow with future booked reservations. The eight residences comprised of a triplex, duplex, two single family residences and a one-bedroom unit. All refreshed from floor to ceiling, carefully furnished, and being enjoyed daily by vacationers from around the globe. Each residence offers comfortable living, bedroom space and full kitchen. Patios, decks, and large private courtyard encourage an outdoor living environment. Three on site laundry facilities and 10 onsite parking spaces, sufficient for staff and guests needs. Zoned CVS – Community Visitor Serving, the property is primed positioned to continue as a successful Vacation Rental or the location invites redevelopment into a modern Bayside resort. A Premier Partner on VRBO and Superhost on Airbnb. Booking. Com has recently been added to book guests. This offering has a great track record and is a growing turn-key business opportunity for those looking to invest in a legacy property with expanding future potential.

Arroyo Grande, 1050 Cypress Ridge

Price: $2,800,000
Type: Mixed Use
Property Size: 13,562
ZIP: 93420
Description: Excellent Investment Opportunity at Cypress Ridge-Pavilion approx 5300 sq. Ft., offices approx 2963 sq. Ft, gym area approximately 5099 sq. Ft. Plus 3.2 acres of vacant land. All buildings are presently leased. The 3.2 acres of vacant land gives added mobility to the project. This is outside the gated community. Lots of possibilities. The pavilion at the present time is used for weddings, reunions and other large functions. The offices are leased and the gym is fully functional. Tenant of Pavilion has first right of refusal. Do not disturb tenants.

Santa Maria, 125 Union Avenue

Price: $2,675,000
Type: Business
Property Size: 6,722
Year Built: 2017
Description: Stellar design and construction – FINALLY a great property available in OLD TOWN Orcutt. Completed in 2017,125 Union is based on the 1919 Union Mercantile building that was once located on the same block. This 6,722 square foot space replicates the historical character of that building, while incorporating edgy, reused materials, including reclaimed barn wood and scrapyard metal wall panels The first floor houses two retail spaces and two offices. An elevator from the ground floor lobby to the second floor opens into a reception area that features a custom-built receptionist desk with reclaimed barn wood as its backdrop and a rustic concrete top with embedded antique cogs. Second floor highlights include an open floor plan with exposed duct work, custom lighting and a large arched window that showcases the Santa Maria Valley. Landscaping includes large, rustic metal planters with olive trees and a new wider sidewalk for pedestrian use in this quaint town on the Central Coast of California. All spaces are fully completed – some space available for new owner occupancy. Please do not discuss with or around any occupants, direct all questions / discussions to Realtors.

Cayucos, 20 South Ocean Avenue

Price: $2,600,000
Type: Hotel/Motel
Property Size: 2,660
Year Built: 1952
ZIP: 93430
Description: For Sale! Cayucos Motel – Southwest corner of South Ocean Ave and E Street downtown Cayucos by the Sea – 8 total rooms – 5 with King beds – 1 with a double bed and a twin bed – 1 two bedroom with a Queen bed and two twin beds – 1 with Queen bed – 7 on site parking spaces – Please note, new price is for the Motel and the street to street lot it is situated on APN #064-102-032. APN #064-102-031 corner lot is NOT FOR SALE AT THIS TIME.