5802 Traffic Way, Atascadero

$179,500
SOLD

5802 Traffic Way
Atascadero, CA

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 detailed design and development plans for a very cool 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 it a value! Many top professionals were hired to complete everything from the soils reports & topo maps to the 'green', environmentally friendly, low impact building design. Development docs are available for review, but the attached images 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 you finish construction docs and obtain construction financing.

Property Details

Price: $179,500
MLS #: NS19275944
Lot Size: 17000
GREAT Downtown Location
Commercial or Mixed Use
Includes Design/Development Plans
Lots of Work, Engineering, Etc Done
GREAT Downtown Location
Commercial or Mixed Use
Includes Design/Development Plans
Lots of Work, Engineering, Etc Done
GREAT Downtown Location
Commercial or Mixed Use
Includes Design/Development Plans
Lots of Work, Engineering, Etc Done

Presented By

Scott Ehrke & Brian Thorndyke
Real Team 360
CA DRE #01012637 & CA DRE #01059808
Contact
Real Team 360
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