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Key Details
Sold Price $2,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,350 sqft
Price per Sqft $440
MLS Listing ID SP1059828
Sold Date 03/28/16
HOA Y/N No
Year Built 2007
Lot Size 0.450 Acres
Property Description
Marketing Remarks: One of the best investments on the Central Coast! The Figueroa Mountain Brewery building is currently on a NNN lease with 2% annual increases. In addition the owner receives a percentage of gross sales. With over a 1.5 million in tenant improvements paid by the tenant this past year the Figueroa Building is an investors dream.
Location
State CA
County San Luis Obispo
Area Arrg - Arroyo Grande
Zoning COM
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Flat
Building
Lot Description Paved, Street Level
Story 1
Others
Tax ID 077341087
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan
Financing Conventional
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Bought with Joseph Richards • Real Estate Broker Services
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605