Property Highlights
| Quality Commercial Investment! |
| Income Property |
| Next to Historic Carlton Hotel |
| Existing Leases |
| Atascadero Colony District |
Property Description
A QUALITY COMMERCIAL INVESTMENT! Rarely do you find an opportunity to purchase an income/investment property - offering an outstanding location, quality tenants, minimum upkeep/maintenance and a desirable return on your investment. But this IS one of those opportunities where you can expect a 6 CAP investment return on a no excuse building! Beautifully remodeled in the last 5 years, this 3,700+/-SF two unit building sits next to the historic Carlton Hotel, and is just a block from Sunken Gardens Park. Existing tenant leases run through 2014 which generate well over $60,000/year. One unit is occupied by a resort quality Spa and the other unit is occupied by Haven Wine Bar and both units have been greatly upgraded, well managed, and are situated in the heart of the beautifully improved Atascadero Downtown Colony District. So what are you waiting for? Owner financing also available, with 30% down! Offered at $797,500
Courtsey of Scott Ehrke, Re/Max Parkside Real Estate
DRE: 01878171
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