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Berkshire Hathaway HomeServices California Properties

5145 Traffic, Atascadero, CA 93422

$1,845,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Ryan Benson | ryanbensonrealtor@gmail.com
Lic#: 01949307
Broker: Courtesy of Peak Properties
Phone: 805-592-2226

Listing Details

Property type: Industrial (Commercial)

Property Sub-Type:

Status: Active

Listing ID: SC26071311

List price is $1,845,000 Reduced by $105,000 on 7/13/2026

Price: $1,845,000

Rental Rate: $1,845,000

Lot Size:

Built in 1998

0.22 acres

County: San Luis Obispo

Lot description: Level

Last Updated: 7/13/2026

Days On Market (DOM): 112

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Lat/Long: 35.501716, -120.664666.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Prime investment or 1031 exchange opportunity in Atascadero at a 6.5% cap rate! This well-maintained 9,640 square foot commercial building is located along a strong commercial corridor in North San Luis Obispo County and is being offered with an established long-term local tenant in place under a triple net lease, creating immediate income and a more passive ownership profile. At a 6.5% cap rate, this is an attractive option for investors seeking stable returns in a proven Central Coast market. The property offers the kind of functionality that keeps commercial buildings like this in demand year after year, with multiple roll-up doors, a showroom component, and off-street parking. These are the practical features that serve real business needs, making this an asset that should remain desirable over the long term for both commercial tenants and future owner users alike. Even though the current sale is tailored to an investor, the underlying utility and flexibility of the building add to its lasting value. For buyers looking to place 1031 exchange funds, this is the type of asset that stands out: well maintained, income producing, strategically located, and supported by an in-place tenant. Opportunities to acquire a stabilized commercial property with current cash flow, durable building utility, and long-term market appeal are increasingly hard to find.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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