935 Riverside Ave. #8
Paso Robles, CA
2416± Sqft divided into 3 units
Unit 8A 700± sqft
Unit 8B 900± sqft
Unit 8C 700± sqft
120± sqft of common space
Price: $399,000
Rent: Current Gross Rent of $3,298 per month!
Code: MR935#8
APN #: 009-331-039
Great opportunity to own an investment property in Paso Robles! This commercial plaza has great parking and is within walking distance of the Paso Robles Downtown Park and restaurant area. Currently fully occupied with quality tenants. Ground floor corner unit with three separate ADA approved spaces, currently rented separately. Based on a $399,000 sales price the income supports a 7.12% cap rate providing a better return then most CDs and savings accounts! Association fees are $305.00 monthly.
Professional Office Building!
- One Block to Court House
- Private Parking Lot
- Professional landscaped exterior
- Skylights
- Conference Room
- Spring Street Visibility
- Separate Utilities for Each Story
- 2,100± sq ft
- Reception Area