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3566 S Higuera ST San Luis Obispo, CA 93401
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Key Details
Sold Price $5,600,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 31,310 sqft
Price per Sqft $178
MLS Listing ID SP17243885
Sold Date 05/03/19
HOA Y/N No
Lot Size 3.086 Acres
Acres 3.0859
Property Sub-Type Retail
Property Description
The Campanile Building Retail/Service Complex
offers prospective investors an opportunity to acquire a 31,310 square foot multi-tenant retail/service complex located in San Luis Obispo, California. The property is located at 3566 South Higuera Street, along a major retail thoroughfare in San Luis Obispo. The property is leased to six local tenants and is 65% occupied.
Upgrades to the building exteriors were recently completed, which have enhanced the appeal of this quality property. The property includes a showroom/retail presence, as well as a flex/warehouse or service commercial component in the rear of the site. It is located within one-half mile driving distance from the 101 Freeway, with approximately 143 feet of frontage on South Higuera Street, near the intersection of Granada Drive and South Higuera Street which has traffic counts of 17,000 cars per day.
Proforma NOI: $380,738/Year
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Laundry None
Building
Lot Description Paved
Water Public
Others
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 2.0
LIST AGRMT Exclusive Right To Sell
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please call listing agent to arrange showings.
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Bought with Rossetti Company