Listed By:
Brian Thorndyke with RE/MAX Success;
Address
1050 Las Tablas Road # 14/16/18, Templeton, CA
Price
$ 689,000
Property Attributes
  • MLS#NS23172461
  • TypeCommercial
  • CountySAN LUIS OBISPO
  • CityTempleton
  • AreaTempleton
  • Zip93465
  • StyleOffice
  • Year Built1977
  • Taxes$ 8200
  • Price$ 689,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3600
  • Lot Size3,600 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Discover an incredible investment opportunity with three medical 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 6.2%, this investment makes a lot of sense! 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.

Price History
9/15/2023 Listed $689,000

General Features

Additional Parcels Description 040-331-017, 018
Additional Parcels Y/N Yes
Building Area Units Square Feet
Business Type Medical
Cap Rate 6.2
City Templeton
Construction Materials Stucco
Cooling Central Air, Ductless
County San Luis Obispo
Directions Take Las Tablas Rd west of HWY 101, turn right into the Las Tablas Medical Center & units are at north-east corner.
Exclusions Office furniture & computers
Heating Central, Ductless
Insurance Expense 2500
Listing Agent Brian Thorndyke - BRE#01059808
Listing Agent State License 01059808
Listing Terms Cash, Cash to New Loan
Lot Size Square Feet 3600
MLS Area TTON - Templeton
Net Operating Income 43000
Occupancy Description Vacant
Operating Expense 26000
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Roof Flat, Tile
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Las Tablas
Tax Annual Amount 8200
Total Units 18
Unit Number 14/16/18
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Virtual Tour https://trimotionmedia.hd.pics/1050-Las-Tablas-Rd/idx
Year Built 1977
Year Built Source Assessor

Interior Features

Air Conditioning Y/N Yes
Entry Level 1
Heating Y/N Yes
Laundry Features None
Livingareasource Assessor
Street Suffix Road
Total Stories 1

Exterior Features

Buyer Agent Compensation 2.500
Buyer Agent Compensation Type %
Building Area Total 3600
Lot Features Landscaped, Level, Sprinkler System
Lot Size Acres 0.0826
Lot Size Area 3600
Lot Size Source Assessor
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 93465

Price
AVG $1.87M
$690K
Taxes
AVG $8,200
$8,200
Visits
AVG 36
15
Year Built
AVG 1988
1977