Atascadero, CA 93422 5802 Traffic Way

Sold: Jun 29, 2020
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Presented By: Scott Ehrke with RE/MAX Success;
  • MLS# NS20106551
  • 06/03/2020
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Home Details

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.
Presented By: Scott Ehrke with RE/MAX Success;

General for 5802 Traffic Way

Additional Parcels Y/NNo
Association Y/NNo
Community FeaturesStreet Lights, Sidewalks
HOA Fee$
Land Lease Y/NNo
Listing AgentScott Ehrke - BRE#01012637
Listing AgentScott Ehrke - BRE#01012637
Listing Agent State License01012637
MLS AreaATSC - Atascadero
Property TypeLand
Senior Community Y/NNo
Subdivision NameATNortheast(10)
TermsCash, Cash to New Loan, 1031 Exchange, Owner Will Carry
ViewCity Lights
ZoningDC (Downtown Commercial)

Exterior for 5802 Traffic Way

Lot FeaturesNear Public Transit, Rectangular Lot, Sloped Up
Lot Size Acres0.39
Lot Size Area17000
Lot Size SourceAssessor
Lot Size Square Feet17000
Lot Size UnitsSquare Feet
Road Frontage TypeCity Street
Road Surface TypePaved
View Y/NYes
Water SourcePublic, Private
1527188455

First Team Client Services

Price $179,500
MLS#NS20106551
List Date 06/03/2020
Property Type Land
Phone 714.964.3311
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