Commercial property · 2 recorded sales since 2021
Listing Agent: Jeffrey Landon (DRE #01915835) · Listing Office: Keller Williams Realty Central Coast · Contact: 805-773-7777 · Bought with: Jean Ponek · Ponek Real Estate Group · MLS #PI21038798 · Source: CRMLS
Rare opportunity to purchase a property that can immediately generate cash flow with the added potential bonus of future multifamily expansion. Over a half-acre of land that is zoned MF20 this property may be improved with up to a 10-unit multifamily development. The modern medical office building and a charming residential home located on the property both generate rental income. The two office spaces are each approxamently 1,200 SF and share a common waiting room and outdoor break area. The property has plenty of off-street parking to accommodate patients and guest. Between the potential cash flow and further development this is an opportunity you don't want to miss.
Listing description from the September 2021 sale, as reported to CRMLS.