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Key Details
Sold Price $2,775,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC23165608
Sold Date 07/30/24
HOA Y/N No
Year Built 2021
Lot Size 0.463 Acres
Lot Dimensions Appraiser
Property Sub-Type Retail
Property Description
Completely renovated from the ground up, this state-of-the-art retail facility underwent extensive construction work, which concluded in January 2021, and has remained unoccupied since. Upon entering the property's parking lot, you'll find an abundance of parking spaces, including 20 standard spots, two ADA-compliant spaces, and two electric vehicle charging stations. The building's exterior showcases a custom mural, skillfully painted by the Marmalade Mural Company, visible from Broad Street.
Upon entering the building, you'll encounter a welcoming front reception area and a waiting room. Within the main retail space, there's a well-conceived center island with flexible use areas surrounding the central retail square. Additionally, you'll find a climate-controlled cloning room and a comfortable customer lounge. Towards the rear of the building, there's a finely appointed General Manager's office with expansive glass walls and doors, along with an adjacent conference room. Directly across from the manager's office, you'll discover an employee break room, a floor manager's office, and an IT room.
Beyond the manager's office lies a specially designed, climate-controlled vault built in compliance with city and state regulations, meeting stringent security standards. Adjacent to the vault, there's a loading bay equipped with removable parking bollards, a spacious roll-up door capable of accommodating various delivery vehicle sizes, an exhaust extraction system, and climate control features.
This property was conceived as a net-zero project, emphasizing low energy consumption through high-efficiency appliances, solar power integration, and electric vehicle charging stations. As part of the sale, another structure, 2600 Broad, located adjacent to 2640 Broad, is included. This building remains unrenovated but holds potential for various retail applications.
This could have a wide range of uses from medical, commercial retail, restaurant or other uses. Please confirm with the City on all the possibilities!
Location
State CA
County San Luis Obispo
Area Slo - San Luis Obispo
Interior
Heating ENERGY STAR Qualified Equipment
Cooling ENERGY STAR Qualified Equipment
Fireplace No
Laundry None
Exterior
Roof Type Flat
Building
Lot Description 2-5 Units/Acre, Corner Lot, Rectangular Lot, Sprinkler System
Story 1
Water Public
Others
Tax ID 004925036
Security Features Prewired,Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Fire Rated Drywall,Fire Sprinkler System,Key Card Entry,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Other
Special Listing Condition Standard
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Bought with Preston Thomas • Colliers Tingey International Inc.