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Morro Bay
93402
93402
W121° 9' 59.4''
N35° 18' 53.4''
Contact Info
Jody Neal
1039880
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, theres 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 youre looking to expand your portfolio or invest in a community-focused commercial space, 2005 9th Street offers both stability and potential for growth.

2005 9th Street

Morro Bay, California 93402, United States

  • Square Footage: 5,227.20 Sqft
$525,000
Listing ID#47469
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Basic Details
Property Type : Commercial
Listing Type : Pending
Listing ID : 47469
Ref ID : 382075609
Price : $525,000
Square Footage : 5,227.20 Sqft
Lot Area : 0.12 Sqft
MLS : 24-2749
Office ID : CA301-159
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Agent info
Jody Neal
California Properties
California Properties
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