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2475 Victoria Avenue - Victoria Crossing

1,021 - 1,275 SF Units Offered at £312,198 - £468,688 Per Unit in San Luis Obispo, CA 93401

Investment Highlights

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

Executive Summary

*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.

Property Facts

Price £312,198 - £468,688
Unit Size 1,021 - 1,275 SF
No. Units 3
Total Building Size 3,369 SF
Property Type Retail
Property Subtype
Restaurant
  • General Retail Storefront Retail/Residential
  • General Retail Health Club
Number of Floors 1
Typical Floor Size 3,369 SF
Year Built 2023
Lot Size 0.51 AC
Parking Ratio 3.27/1,000 SF

3 Units Available

Unit C1

Unit Size 1,275 SF
Price £468,688
Price Per SF £367.60
Unit Use Retail
Sale Type Investment or Owner User
No. Parking Spaces 11
APN/Parcel ID 004921027

Unit C2

Unit Size 1,021 SF
Price £312,198
Price Per SF £305.78
Unit Use Retail
Sale Type Investment or Owner User
No. Parking Spaces 11
Sale Conditions Shell & Core
APN/Parcel ID 004921027

Unit C3

Unit Size 1,073 SF
Price £327,847
Price Per SF £305.54
Unit Use Office/Retail
Sale Type Investment or Owner User
No. Parking Spaces 11
Sale Conditions Shell & Core
APN/Parcel ID 004921027
Description

Modern retail space

Sale Notes

Investment opportunity for owner-user or investor.

Walk Score ®
Very Walkable (81)
Bike Score ®
Very Bikeable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant

Nearby Major Retailers

Mechanics Bank
Ymca
Chase Bank
The Habit Burger Grill
Derrel's Mini Storage
Bank of the Sierra
Smart & Final
Starbucks
Urbane Cafe
U.S. Bank

zoning

Zoning Code C-R-SF (Retail Commercial)
C-R-SF (Retail Commercial)
  • Listing ID: 30030001

  • Date on Market: 10/11/2023

  • Last Updated:

  • Address: 2475 Victoria Avenue, San Luis Obispo, CA 93401

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