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Elite Real Estate Group
info@elitereg805.com$6,995,000
Est. payment /mo
24,754 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 24,754 sqft
Price per Sqft $282
MLS Listing ID 25001851
Year Built 1987
Lot Size 2.390 Acres
Property Sub-Type Retail
Property Description
The Bear Valley Center in San Luis Obispo presents a rare opportunity to acquire an income-producing asset on Los Osos Valley Road, one of San Luis Obispo's busiest commercial corridors. The property consists of 15 suites, currently fully occupied.Strategically located near the SLO Ranch project and national retailers such as Target, Costco, Home Depot and Whole Foods, the center offers excellent visibility (+26,171 AADT), strong freeway access, and 106 on-site parking spaces. The property has maintained historically low vacancy rates and many long standing tenants.
Location
State CA
County San Luis Obispo
Area 06 - San Luis Obispo
Zoning Commercial,Comm Service
Interior
Heating Other Heat
Cooling None
Exterior
Roof Type Flat
Building
Story 1
Foundation Slab
Others
Acceptable Financing New Loan, Exchange, Cash
Listing Terms New Loan, Exchange, Cash
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Listed by Stephen McCarty • Stafford-McCarty Commercial RE
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Elite Real Estate Group
Team