5802 Traffic Way, Atascadero, CA 93422

$225,000
List Price
$225,000
Status
ACTIVE
MLS#
NS19275944
Lot Size
17,000
Acres
0.3903
Lot Location
Rectangular Lot, Near Public Transit, Up Slope from Street
Days on Market
54
Property Type
Land
Neighborhood
Other (Othr)

Property Description

Here is an outstanding Atascadero Commercial (mixed use) development opportunity in a fantastic downtown location. Finding an unimproved parcel in the Downtown district is nearly impossible, and this one comes with complete (ready to submit plans) and engineering for a spectacular 4 unit mixed use building. The location is a real highlight here, being just a few blocks from the historic Atascadero Rotunda Building (City Hall), Sunken Gardens Park, the new La Plaza Center and of course the Carlton Hotel. But it is all of the design and architectural work that has gone into this project that really makes this a stand out! Many top professionals were hired to complete everything from the soils reports & topo maps to the 'green', environmentally friendly, low impact building design. Full plans are available for review, but the attached pics will clearly show you the street level commercial space (ideally designed for a restaurant or bakery), plus the THREE 2 bdrm, 2+ bath residential units (each with a 2 car garage and cool private patio areas). Project can be built out for single ownership, or you can finish the Tentative Map (19-047) to create individual ownership air space condos. Owner has had a change in investment plans, so is now offering this for the astute investor or builder to see it thru to completion. Owner will carry back a 1st TD to qualified buyer with 25% down for 30 months, while you obtain const financing).

Additional Information

Lot Description
Sidewalks, Street Lights
View
City Lights
Water
Private, Public

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Scott Ehrke from RE/MAX Parkside Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.