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    1425 Mission Street

    San Miguel, CA 93451
    • $672,500
    • STATUS: Active
    • ON SITE: 169 days
    • ID#: SP20228370
    UPDATED: 40 min ago
    $672,500
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,200
      SQFT
    • $210
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    Don't miss this fantastic opportunity to own a mixed-use, 3 unit, income producing property in the heart of downtown San Miguel! The lower level is currently leased as a successful pizza restaurant with a fully functional kitchen, large dining room, and fully equipped restroom. Upstairs are 2 residential units, both 1 bedroom, 1 bathroom with full kitchens, and an open floor plan. Light and bright, the large windows let in natural abundant light into the living area and great room. Enjoy the rural views from the front or rear balconies while enjoying a warm cup of coffee on a cool Sunday morning. The open kitchen offers plenty of countertop and cabinet space for all your storage needs. The spacious bedroom is a private retreat with the second balcony off this room. There is ample parking with 10 parking spots in the rear. Each residential unit rents for $1,200/mo and the restaurant is leased at $2,000/mo. Conveniently located in downtown San Miguel, near shops, restaurants, and easy freeway access - don't miss this wonderful opportunity with so many possibilities!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T12:27:15.94. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/111452334
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    1425 Mission Street San Miguel, CA 93451

    • Price: $672,500
    • Status: Active
    • Updated: 40 min ago
    • ID#: SP20228370
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,200
    SQFT
    $210
    $/SQFT
    2004
    Built
    Neighborhood:
    Smig - San Miguel
    County:
    San Luis Obispo
    Area:
    Smig - San Miguel
    Property Description
    Don't miss this fantastic opportunity to own a mixed-use, 3 unit, income producing property in the heart of downtown San Miguel! The lower level is currently leased as a successful pizza restaurant with a fully functional kitchen, large dining room, and fully equipped restroom. Upstairs are 2 residential units, both 1 bedroom, 1 bathroom with full kitchens, and an open floor plan. Light and bright, the large windows let in natural abundant light into the living area and great room. Enjoy the rural views from the front or rear balconies while enjoying a warm cup of coffee on a cool Sunday morning. The open kitchen offers plenty of countertop and cabinet space for all your storage needs. The spacious bedroom is a private retreat with the second balcony off this room. There is ample parking with 10 parking spots in the rear. Each residential unit rents for $1,200/mo and the restaurant is leased at $2,000/mo. Conveniently located in downtown San Miguel, near shops, restaurants, and easy freeway access - don't miss this wonderful opportunity with so many possibilities!
    Exterior Features

    Lot Features Street Level Number Of Separate Electric Meters 3 Open Parking Spaces 10 Parking Total 10 Pool Features None Pool Private YN No Property Attached YN No View Neighborhood View YN Yes

    Interior Features

    Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingRural Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 52800 Gross Scheduled Income 52800 Insurance Expense 1300 Land Lease YN No Laundry Features None Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 43400 New Construction YN No New Taxes Expense 5100 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 2 Number Of Units Leased 3 Operating Expense 9400 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 4400 Trash Expense 1200 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 1800 Water Source Public Zoning Cr

    Listing provided courtesy of Lindsey Harn of Richardson Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T12:27:15.94. 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 deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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