2086 Main Street Cambria, CA 93428

$2,750,000
2086 Main Street, Cambria, CA 93428
Call 1-800-839-1363
SC1052901

Commercial Property for sale in Cambria, CA

for $2,750,000. The lot size is 78225.00 Sqft..

Property Information

  • $2,750,000
  • Commercial
  • Retail
  • Active
  • Lot size of 78225.00 Sqft.
  • Cambria, CA
  • San Luis Obispo County
  • MLS/Web ID is SC1052901

Description

Marketing Remarks: The Redwood Center, located in the heart of the East Village, allows the investor multiple opportunities. At its current 100% occupied status, the Cap Rate is 4.3%. And with its 28 EDUs, there is inherent potential for future development. Two long-term restaurants anchor the property. Eight other tenants occupy the rest of the retail spaces. There are five storage facilities as well. Two units front Main St, while the rest are adjacent to the 43 space parking lot. Please feel free to peruse the stores, but please do not converse with the restaurant/shop owners, employees or patrons. Average rent/square foot for restaurant/shop spaces is $1.44.

Interior 1

Heating System

  • Electric
  • Other
  • Wall Unit

Exterior 3

Land Improvements

  • Paved

Lot Description

  • Level/Flat
  • Slope

Roof

  • Flat Roof

Miscellaneous 1

Utilities

  • Phone

Rental 1

Tenant Pays

  • Cable

† Excluded Feature

Listed By

Broker: THE REAL ESTATE COMPANY OF CAM

2086 Main Street, Cambria, CA, 93428 is a Commercial Property for sale at $2,750,000 with a lot size of 78225.00 Sqft.. 2086 Main Street has 0.0 baths. The property's zip code is 93428 which is in Cambria, CA

Get an Immediate Callback from 9:00 AM - 9:00 PM EST
or Call us at 1-800-839-1363

Pricing History

Date Price Price Change Description
8/2/2015 $2,750,000 -4.84 % Price Change
3/16/2015 $2,890,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Cambria $2,234,932 19 % below $562,500 80 % below
Commerical listings in Cambria $1,020,500 63 % below $724,000 74 % below

Get the facts about Cambria, CA!

Population 6,171
Population Growth (since 2000) -1 %
Median Income $61,299
Median Age 59.27
Households w/ Children 15 %

Residential Dwellings

  • Owned 2021
  • Vacant 1143
  • Rented 808

Similar Listings

Get an Immediate Callback from 9:00 AM - 9:00 PM EST
or Call us at 1-800-839-1363