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Listing 51 out of 317
$1,550,000 For Sale

2262 Main Street
Cambria, CA 93428

7 units |
5,000 sq ft

Commercial: Mixed Use - MLS# SC18165130
Property Photo
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Description

Prime commercial in the heart of the East Village of Cambria. Iconic to the central coast, this historic building has been completely remodeled from top to bottom in 2008. The entire 5000 Square feet has been updated with numerous enjoyment and safety features, designed with the flavor of the wild west. With 6 apartments above, and a commercial space below, currently leased to Mozzi’s Saloon, sit back and collect the rents or explore endless opportunities for your future business endeavors. One of the only mixed use commercial buildings on Main Street with numerous apartments above, once used as hotel rooms, in high demand and always rented grossing $8916. SELLER WILL CARRY AT 6% WITH 25% DOWN- MAKING THE PAYMENT ONLY $5,831.25 PER MONTH. POSITIVE CASH FLOW AND EVEN BETTER IF YOU MANAGE YOURSELF, TAKING OUT THE 5K A YEAR MANAGEMENT FEE. Permitted as a hotel, the units above could be treated like vacation rentals. County information is also attached. A SUMMARY OF PROFIT AND LOSS STATEMENTS AND PROJECTIONS FOR 2019 ARE ATTACHED TO LISTING.

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • Zip Code: 93428
  • Year Built: 1922
  • Sq.Ft.: 5,000 sq ft
  • Units: 7 units
  • Area: CAMB - Cambria
  • Building Area Units: Square Feet
  • Building Features: Living Quarters
  • Building Name: Old Cammozzis Saloon
  • Building Status: Existing
  • Condo Area Units: Square Feet
  • Construction Materials: Stucco
  • Country: US
  • Directions: East Village downtown Cambria
  • Effective Gross: 104200
  • Electric Expense: 12044.00
  • Gross Scheduled Income: 104200.00
  • Heating: Forced Air, Natural Gas
  • Heating YN: Yes
  • Insurance Expense: 4000.00
  • Investment Property YN: Yes
  • Land Use: Multi-Family, Retail
  • Listing Agent License: 01200642
  • Listing Office License: 01901605
  • Lot Size Source: Assessor
  • MLS: CRM
  • Maintenance Expense: 3000.00
  • Max Total Area Units: Square Feet
  • Min Total Area Units: Square Feet
  • Net Operating Income: 68407.00
  • Number Of Units Leased: 7
  • Operating Expense: 35793.00
  • Professional Management Expense: 5400.00
  • Roof: Composition
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
  • Stories Total: 2
  • Total Monthly Rent: 7740
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
  • Water Sewer Expense: 4849.00
  • Water Source: Public
Courtesy of Coldwell Banker Kellie & Assoc, Kellie Williams

 


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Monique Carlton - Owner, Agent of
San Luis Obispo Realty - Top San Luis Obispo Real Estate Agency on the Central Coast!
441 Marsh Street
San Luis Obispo, CA 93401
Phone: (805) 471-6921
Email: moniquecarlton@gmail.com
BRE # 00184228

My web sites: www.SellingSanLuis.com and www.CentralCoastListings.com
Company web site: www.San-Luis-Obispo-Realty.com


 

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