1100 Price Street, Pismo Beach, 93449

Commercial - Retail For Sale

$750,000

Beds
Baths
Sqft
.12Acres
1946Built
30DOM
MLS® #: PI20050264
Active Under Contract, 30 Days on Market

Lee & Associates is pleased to offer the opportunity to acquire the fee simple interest (land & building) in a leased investment property in Downtown Pismo Beach. The property includes a single-tenant freestanding building that is currently leased to a longtime convenience store tenant and secured by an individual. The lease generates $30,000 per year and runs through the end of March 2025. This prime location is at the hard corner of Price Street and Wadsworth Avenue with newer developed retail and residential across the street. The property also has potential for future development. Pismo Beach is a tourist destination with nearly 2.4 million visitors spending $278 million each year.

Essential Information

MLS® #: PI20050264
Price: $750,000
Acres: 0.12
Year Built: 1946
Type: Commercial
Sub-Type: Retail
Status: Active Under Contract

Community Information

Address: 1100 Price Street
Area: Pismo Beach (PSMO)
City: Pismo Beach
County: San Luis Obispo
State: CA
Zip Code: 93449

Exterior

Lot Description: Level with Street

Additional Information

Date Listed: March 6th, 2020
Days on Market: 30

Listing Details

Listing Agent: Martin Indvik(00961882)
Listing Office: Lee and Associates

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Listing information last updated on April 6th, 2020 at 7:00am PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of April 6th, 2020 at 7:02am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.