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Key Details
Sold Price $605,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PI26016038
Lot Size 6,534 Sqft
Property Sub-Type Mixed Use
Property Description
Prime Mixed Use Investment Opportunity with Built in Upside
Don't disturb the tenants; call the listing agent to schedule an appointment.
The property includes two tenant office buildings totaling 809 square feet, with a studio rental in the rear measuring 486 square feet. There is also a garage shop measuring 464 square feet. The office building has a kitchen, laundry room, and a half bath that tenants share. The studio rental in the rear has a bedroom, kitchen, and bathroom. The square footage of the buildings was provided by a professional appraisal report
Buyers should confirm all allowed uses and the recorded square footage with the county, along with any potential property uses
The two street-front commercial units, as well as the detached studio rental in the rear, are all on month-to-month agreements. All three units are currently rented at well below-market rates, creating an exceptional opportunity for a new owner to increase cash flow. A flexible, income-generating asset with potential for growth
There is also a large garage or storage building on the property.
This property is ideally positioned in Old Town Orcutt, a charming and highly sought-after enclave in the heart of California's Central Coast
.
Location
State CA
County Santa Barbara
Area Smsw - Sm Southwest
Rooms
Other Rooms Living Quarters
Interior
Heating Forced Air
Laundry Inside
Exterior
Fence Wood
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Charlotte Pettit Modern Broker-Pismo Beach
NEARBY SCHOOLS & BUSINESSES
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