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1011 Higuera Street

San Luis Obispo, CA 93401
  • $50,000
  • STATUS: Active
  • ON SITE: 111 days
  • ID#: PI21045763
$50,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,033
    SQFT
  • $10
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1949
County:

School Ratings & Info

Description

FIRE SALE! Price dropped to $50k which is less than the annual net! The Seller wants out ASAP.Thai Classic is THE iconic Thai Restaurant in San Luis Obispo - est 1993 - after 28 years the owner is retiring.Very well located across from the County Government Center and amongst several other nearby restaurants and retail stores.This business does very well - please contact the Listing Broker for an NDAThe Landlord will provide a new lease on excellent terms for a qualified operator = $2. sf-mo plus $0.45 sf-m- CAM/NNN. This is a rate that is nearly half the averageFeel free to drop by for lunch or dinner. but, PLEASE DO NOT DISCUSS THE SALE WITH THE STAFF OR OTHER PATRONS.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-23T23:39:21.783. 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 Cochren Realty Team | KW the Lakes. Licensed in the State of California, USA.
www.cochrenrealty.com/homes/114780179
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1011 Higuera Street San Luis Obispo, CA 93401

  • Price: $50,000
  • Status: Active
  • ID#: PI21045763
0
Beds
0
Baths
0
½ Baths
0.26
Acres
5,033
SQFT
$10
$/SQFT
1949
Built
Neighborhood:
SLO - San Luis Obispo
County:
San Luis Obispo
Area:
SLO - San Luis Obispo
Property Description
FIRE SALE! Price dropped to $50k which is less than the annual net! The Seller wants out ASAP.Thai Classic is THE iconic Thai Restaurant in San Luis Obispo - est 1993 - after 28 years the owner is retiring.Very well located across from the County Government Center and amongst several other nearby restaurants and retail stores.This business does very well - please contact the Listing Broker for an NDAThe Landlord will provide a new lease on excellent terms for a qualified operator = $2. sf-mo plus $0.45 sf-m- CAM/NNN. This is a rate that is nearly half the averageFeel free to drop by for lunch or dinner. but, PLEASE DO NOT DISCUSS THE SALE WITH THE STAFF OR OTHER PATRONS.
Exterior Features

Sign On Property YN No

Property Features

Additional Parcels YN No Business Name Thai Classic Business Type Restaurant Leasable Area 2022 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Total Actual Rent 4944 Zoning Cc

Listing provided courtesy of Mark Burnes of Burnes Commercial Group


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-23T23:39:21.783. 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 Cochren Realty Team | KW the Lakes. Licensed in the State of California, USA.
 
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