2005 9th Street
Los Osos, CA 93402
0.12 acres | #24430075
Description
Prime Commercial Investment Opportunity in Los OsosPresenting a rare opportunity to acquire a high-visibility commercial property located at 2005 9th Street, Los Osos. This 3,720 sq ft building sits on a 5,227 sq ft lot at a prominent corner location with on-site parking. The property currently hosts service-based businesses, making it an ideal space for similar tenants.The property has undergone recent inspections, including building and pest assessments, providing transparency and peace of mind for potential investors. With two vacancies offering rental potential between $450 to $850 per month, there's significant upside for increased income. The property is currently generating a Net Operating Income (NOI) of $21,431 with a cap rate exceeding 3%, making it a strong candidate for value-add investors.Given its strategic location and the limited availability of commercial spaces in Los Osos, this property is poised for appreciation. Whether you're looking to expand your portfolio or invest in a community-focused commercial space, 2005 9th Street offers both stability and potential for growth.
Property Details
- CountySan Luis Obispo
- Property SubtypeCommercialSale
- Property TypePurchase
- Original List Price$750,000
- MLS #24430075
- MLS #24430075
- Cost750000
- Acres0.12
- Year Built1988
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jody Neal (#CLW-C129946)
Listing Office: Berkshire Hathaway HomeServices California Properties (#CLW-B2003116)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
