Atascadero, CA 93422,5802 Traffic Way
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Atascadero, CA 93422,5802 Traffic Way
Atascadero, CA 93422,5802 Traffic Way
Atascadero, CA 93422,5802 Traffic Way
Atascadero, CA 93422,5802 Traffic Way

$163,500

Est. payment /mo

$179,500

8.9%
Est.Price: ?

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5802 Traffic Way Atascadero, CA 93422

0.39 Acres Lot

SOLD DATE : 06/29/2020

Key Details

Sold Price $163,500

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Atnortheast(10)

MLS Listing ID NS20106551

Sold Date 06/29/20

HOA Y/N No

Lot Size 0.390 Acres

Property Description

Here is an outstanding Atascadero Commercial (mixed use) development opportunity in a fantastic downtown location. Finding an unimproved parcel in the Downtown district is nearly impossible, and this one comes with detailed design and development plans for a very cool 4 unit, mixed use building. The location is a real highlight here, being just a few blocks from the historic Atascadero Rotunda Building (City Hall), Sunken Gardens Park, the new La Plaza Center and of course the Carlton Hotel. But it is all of the design and architectural work that has gone into this project that really makes it a value! Many top professionals were hired to complete everything from the soils reports & topo maps to the 'green', environmentally friendly, low impact building design. Development docs are available for review, but the attached images will clearly show you the street level commercial space (ideally designed for a restaurant or bakery), plus the THREE 2 bdrm, 2+ bath residential units (each with a 2 car garage and cool private patio areas). Project can be built out for single ownership, or you can finish the Tentative Map (19-047) to create individual ownership air space condos. Owner has had a change in investment plans, so is now offering this for the astute investor or builder to see it thru to completion. Owner will carry back a 1st TD to qualified buyer with 25% down for 30 months, while you obtain you finish construction docs and obtain construction financing.

Location

State CA

County San Luis Obispo

Area Atsc - Atascadero

Zoning DC (Downtown Commercial)

Interior

Fireplace No

Exterior

Community Features Street Lights, Sidewalks

View Y/N Yes

View City Lights

Building

Lot Description Near Public Transit, Rectangular Lot, Sloped Up

Water Public, Private

New Construction No

Others

Senior Community No

Tax ID 029322012

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner Will Carry

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Scott Ehrke • RE/MAX Success
Bought with Scott Ehrke • RE/MAX Success

Samuel Park

Broker | License ID: 02071979

+1(909) 310-5105

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