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
Price:
$750,000
MLS #:
24430075
Status:
Active
Baths:
0
Address:
2005 9th Street
Type:
Commercial
Neighborhood:
ososlososos
City:
Los Osos
Listed Date:
Aug 5, 2024
State:
CA
ZIP:
93402
Year Built:
1988
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Schools
Interior
Exterior
Parking Spots
9.00
Stories Total
2
Financial
Map
Community
- Address2005 9th Street Los Osos CA
- AreaOSOS – Los Osos
- CityLos Osos
- CountySan Luis Obispo
- Zip Code93402
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Courtesy of Berkshire Hathaway HomeServices California Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates Real Estate include the name of the listing broker. Neither the listing company nor Outland and Associates Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.2005 9th Street
Los Osos, CA
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