San Luis Obispo, CA 93401,3566 S Higuera ST
$5,600,000
$6,000,000
6.7%
Est.Price: ?

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31,310 SqFt

3566 S Higuera ST San Luis Obispo, CA 93401

Est. payment /mo
SOLD DATE : 05/03/2019

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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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CRMLS Plus
Listed by Rossetti Company
Bought with Rossetti Company
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agent

Mark Witte

Agent | License ID: 02102425

+1(949) 269-7270

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