3229 Broad, San Luis Obispo, CA 93401

$3,240,000
11,250
SqFt
List Price
$3,240,000
Status
ACTIVE
MLS#
SC18066877
Year Built
2013
Living Sq. Ft
11,250
Lot Size
26,000
Lot Location
Lot 20000-39999 Sqft, Lot Shape-Rectangular, Lot-Level/Flat
Days on Market
313
Property Type
Multifamily
Property Sub Type
Commercial/Residential
Stories
Two Level
Neighborhood
San Luis Obispo(380)

Property Description

This Mixed-Use property can be purchased with OWNER FINANCING. Owner will consider up to 75% carry back to all qualified Buyers. This property is well designed offering unique architectural lines and function. The outstanding location offers tenants easy access to multiple ethnic restaurants, a micro brewery and a range of services and retail outlets. This mixed-use development might be ideal for an owner user. The residential income is approximately $100,000.00 per year. The eight units are very spacious, with 6 (1) Bedroom (1) bath units and 2 (3) Bedroom (2) Bath units. The commercial/retail building is currently being re-entiled into up to 6 commercial condos by Above Grade Engineering. The location would be ideal for an engineering firm, Tech Company,CPA, architects, legal, real estate or other professional services company. Seller is in the process of entitling the Commercial building into up to 6 Commercial Condos FOR SALE at market rates. Take advantage of the opportunity to leverage this asset with OWNER FINANCING now!

Additional Information

Lot Description
Sidewalks, Street Lighting
Pool Description
None
Fireplace Description
Bath, Family Room, Kitchen, Master Bedroom, Electric
Heat
Central Furnace
Cooling
Yes
Cooling Description
Central, Electric
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Total Number of Units
8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Craig Losee from Central Commercial Group

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.