13
See all 13 photos
$500,000
$525,000 4.8%
Est. payment /mo
5,227 Sqft Lot
Sold on 03/07/2025
2005 9th ST Los Osos, CA 93402
GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
UPDATED:
Key Details
Sold Price $500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24430075
Year Built 1988
Lot Size 5,227 Sqft
Property Description
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.
Location
State CA
County San Luis Obispo
Area Osos - Los Osos
Zoning CR
Building
Story 2
Others
Special Listing Condition Standard
Listed by Jody Neal • Berkshire Hathaway HomeServices California Properties
Bought with Subscriber Non • Non-Participant Office
Bought with Subscriber Non • Non-Participant Office