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1050 Las Tablas Rd
Templeton, CA 93465

$595,000 USD

Medical Condo For Sale  •  3,600 SF

Property Details

  • Property Type Medical
  • Total Building Size 20,000 SF
  • Lot Size 3.21 AC
  • Building Class B
  • Year Built 1978
  • Cap Rate 6.63 %
  • Tenancy Multiple
  • Zoning OP
0 Transit Score
11 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 14/16/18 Medical 3,600 SF $595,000 USD
  • Unit Size: 3,600 SF
  • Condo Use: Medical
  • Price: $595,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $165.28 USD
Description
3 - 1,200+/-SF contiguous office condos near Twin Cities Hospital in Templeton, CA.

Sale Notes
Great Investment Opportunity below replacement value

Description

Discover an incredible investment opportunity for three office condos totaling 3,600+/- square feet, conveniently located on the west side of Templeton, right next to Twin Cities Hospital. This is ideal for medical professionals, investors, or a combination of both. Priced at only $689,000, it's your chance to own your own space instead of renting and/or to diversify your investment portfolio. This attractive complex provides ample parking, landscaped courtyards & great accessibility. The current layout provides flexibility with multiple exam rooms, private offices, workstations, reception areas, lounges, storage rooms, restrooms and more. The HOA fees are $425/month per unit which includes water, trash, exterior maintenance & insurance. With market rents at approx. $1.60 per sf and a cap rate of around 6%, this investment makes a lot of sense! Seller would consider selling 1 or 2 of the condos. Occupants may not need to be related to the medical field, so check with the listing agent for further details. Don’t miss out on this rare chance to secure your future in real estate – contact us today for more information and to arrange a viewing.

Highlights

Ideal Location - Las Tablas Medical Plaza is adjacent to Twin Cities Hospital
Great Value - It's rare to find 3,600+/-SF of office space for only $689,000!
Package of 3 - Contiguous condos with 3 separate Assessors Parcel Numbers

Financial Summary

Cap Rate: 6.63 %
Total Expenses: $26,040 USD

Amenities

  • Bio-Tech/ Lab Space
  • Courtyard
  • Skylights
  • Central Heating
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Paso Robles Amtrak Station (Coast Starlight - Amtrak) 9 min - 5.6 mi
AirportDriveWalkDistance
San Luis County Regional 39 min - 29.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 184
Type: Surface
Included in Rent: Yes
Brian Thorndyke 805-238-1555 RE/MAX Success
Brian Thorndyke 805-238-1555 RE/MAX Success