5802 Traffic Way

Atascadero, CA 93422

$163,500
Last Sold Price
17,000 / 0.39
Lot Size / Acres

Description

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...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.
  1. Listed by Scott Ehrke • DRE #01012637 • Brokerage DRE #01039930 • RE/MAX Success

Property Details for 5802 Traffic Way

View
City Lights
Lot Size Source
Assessor
Assessor Parcel Number
029322012
New Construction
No
View
Yes
Association
No
Association Fee
$.00
Zoning
DC (Downtown Commercial)

Location

Listing Courtesy of RE/MAX Success, Scott Ehrke, DRE #01012637

Sold By RE/MAX Success, Scott Ehrke, DRE #01012637

Add your commute
LISTING UPDATED: 06/29/2020 09:42 AM

Property Details for 5802 Traffic Way

StatusClosed
MLS #NS20106551
Days on Market5
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.39 AC
CountySan Luis Obispo County

Location

Listing Courtesy of RE/MAX Success, Scott Ehrke, DRE #01012637

Sold By RE/MAX Success, Scott Ehrke, DRE #01012637

Add your commute

Building Information for 5802 Traffic Way

Lot Size0.39 AC

Payment Calculator

$2,614 per month

30 year fixed, 7.25% Interest

Principal and Interest

$892

Property Taxes

$1,722

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5802 Traffic Way

Income / Expense / Tax Details
Income Details
  • Financing: Cash
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Exterior Features
  • View Description: City Lights
Distance To
  • Distance To Water: In street
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Rectangular Lot, Near Public Transit, Up Slope from Street
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Meter on Property
  • Water Source: Private, Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: ATNortheast(10)
  • Builders Tract Code: ATNortheast(10)

Property History for 5802 Traffic Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5802 Traffic Way

Taxable ValueLand$171,865Additions$1,218,000Total$1,389,865
Tax Record2023$20,659 ($1,722 / month)
Home Facts
Total Finished SqFt8,427 SqFtAbove Grade Finished SqFt8,427 SqFtLot Size17,000 SqFtStyleOffice BuildingYear Built2022ZoningDCCountySAN LUIS OBISPOAPN029-322-012

Schools near 5802 Traffic Way

This home is within Atascadero Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 4 to 8
Rating
School
Distance
San Benito Elementary School
PublicK to 5

Atascadero Middle School
Public6 to 8

Atascadero High School
Public9 to 12

Fine Arts Academy
Public4 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Success, Scott Ehrke, DRE #01012637

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.