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2475 Victoria Avenue
San Luis Obispo, CA 93401

$399,000 - $599,000 USD

Restaurant Condos For Sale  •  1,021+ SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,369 SF
  • Lot Size 0.51 AC
  • Year Built 2023
  • Zoning C-R-SF
30 Transit Score
81 Walk Score

3 Units Available

Name Condo Use Size Price Details
1st Floor - Unit C1 Retail 1,275 SF $599,000 USD
  • Unit Size: 1,275 SF
  • Condo Use: Retail
  • Price: $599,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $469.80 USD
1st Floor - Unit C2 Retail 1,021 SF $399,000 USD
  • Unit Size: 1,021 SF
  • Condo Use: Retail
  • Price: $399,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $390.79 USD
1st Floor - Unit C3 Office/Retail 1,073 SF $419,000 USD
  • Unit Size: 1,073 SF
  • Condo Use: Office/Retail
  • Price: $419,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $390.49 USD
Description
Modern retail space

Sale Notes
Investment opportunity for owner-user or investor.

Description

*BUILDER CAN ASSIST WITH BUILD OUT IMPROVEMENTS*  Property is well suited for Gyms, Therapy, Coffee Shop, Café, Restaurant, office and more. Welcome to Victoria Crossing in San Luis Obispo, where you can start accumulating wealth in your business and real estate.  The community features 33 residential flats (FOR SALE) and three (3) modern commercial suites at ground level. An exceptional opportunity for an owner-user or investor, the commercial suites are new-construction featuring high ceilings, ample natural light, and prominent street presence. Located in a blossoming urban area just moments from downtown SLO, the property is perfect for entrepreneurs seeking to capitalize on the thriving local economy, an abundance of nearby amenities, and a built in customer base in the many flats and condos in close proximity. Suite C1 ($599,000) is 1,275 SF and features floor to celling windows and extensive outdoor patio space.  Suite C2 ($399,000) is 1,021 SF and can be combined with suite C1 for close to 2,300 SF. Suite C3 ($419,000) is 1,073 SF.  In addition to open street parking on both sides of Victoria and Caudill, the suites benefit from 11 onsite parking spaces dedicated to commercial use.  Suites C1/C2 have access to a grease trap and venting systems, making this space ideal for a restaurant or café. All suites are sold in cold shell condition. Zoning is C-R-SF (Retail Commercial with Special Focus Area Overlay); consult the City of San Luis Obispo to confirm allowable uses. Inquire today to schedule a showing, and for details including a site plan and technical specifications. This is a rare opportunity to invest in a commercial property with amazing growth potential.

Highlights

Close to Downtown
Lots of natural light
Modern with built-in customer base

Property Flyers

Financial Summary

Total Expenses: $0 USD

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant

Public Transportation

Commuter RailDriveWalkDistance
San Luis Obispo (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak) 2 min 14 min 0.8 mi
AirportDriveWalkDistance
San Luis County Regional 8 min - 3.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Covered
Included in Rent: Yes
Erik Berg-Johansen 805-781-6040 Richardson Sotheby's International Realty
Erik Berg-Johansen 805-781-6040 Richardson Sotheby's International Realty