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$1,680,000
Est. payment /mo
0.66 Acres Lot
UPDATED:
12/19/2024 12:41 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC24140938
HOA Y/N No
Lot Size 0.662 Acres
Property Description
Looking for a great investment opportunity in Cambria's endearing East Village? With an expansive lot size of 28,824 sq ft, this rare commercial property might just be what you're searching for! Three distinctive buildings await, offering endless possibilities for lucrative returns. The centerpiece of this ensemble is leased by the iconic Indigo Moon restaurant, a long-term tenant beloved by locals for 30 years. With indoor and outdoor dining options and a sun-drenched backyard oasis, continuing this relationship ensures regular revenue.
Explore the captivating office/retail unit with its pinewood flooring, open-beamed ceilings, well-sized kitchen, ample storage, and a generous patio ideal for promotional events or displays. Completing the set is a gated residential duplex with a 3-bedroom, 1-bath dwelling adjoining a 2-bedroom, 1-bath retreat - sublet both, or rent one and use the other. With 20 dedicated parking spaces and 5 EDUs of commercial water rights, you're primed for sustained income and growth. Whether expanding your portfolio or securing a long-term asset, this stunning gem is a welcoming haven amid the vibrant community. Come for a tour before it slips away!
Explore the captivating office/retail unit with its pinewood flooring, open-beamed ceilings, well-sized kitchen, ample storage, and a generous patio ideal for promotional events or displays. Completing the set is a gated residential duplex with a 3-bedroom, 1-bath dwelling adjoining a 2-bedroom, 1-bath retreat - sublet both, or rent one and use the other. With 20 dedicated parking spaces and 5 EDUs of commercial water rights, you're primed for sustained income and growth. Whether expanding your portfolio or securing a long-term asset, this stunning gem is a welcoming haven amid the vibrant community. Come for a tour before it slips away!
Location
State CA
County San Luis Obispo
Area Camb - Cambria
Zoning Commercial
Interior
Cooling None
Fireplace No
Laundry Inside, Propane Dryer Hookup
Exterior
Roof Type Composition
Present Use Commercial,Multi-Family,Residential
Total Parking Spaces 20
Building
Lot Description Flat
Story 1
Water Public
Others
Tax ID 013261023
Acceptable Financing Cash, Cash to Existing Loan, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, 1031 Exchange
Special Listing Condition Standard
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Listed by Kellie Williams • Coldwell Banker Kellie & Assoc • 805-235-6754