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Engel & Völkers

8056894777

AM-3201158 – This is the Engel & Völkers property ID, your agent might ask for it.

Kris Johnston

Engel & Völkers Santa Ynez

Engel & Völkers ID : AM-3201158
Templeton, California, United States

Price
$4,150,000


Amenities and special features of this store

A prime downtown retail investment in Templeton Ca. This is a rare opportunity in a growing medical, wine, and higher education community. New hotels are arriving, with expansions to local colleges, and potential developments like the Paso Spaceport, that is in partnership with Cal Poly. This property comes fully leased with multiple long term leases and tenants that are drivers in the community. Numerous tenant and landlord renovations have taken place over the past two years. Painting, roofing, new black top, two new murals, in addition to three tenant renovations. Occupancy is at 100%. 30 parking spaces. 2023 new renovations.Occupancy is at 100%. Level street lot of over 40,000 sq ft. Near Public Transit, Sprinklers, value is in the land. Al Utilities are connected.30 Parking spaces on site.New roof 2022, new paint 2023, Multiple 5-10 year triple net leases. 11 tenants. 100% occupied. Strong rental history even during Covid.1031 Exchange at no cost to buyer.
Property typeStore

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engel & völkers shop image
Engel & Völkers

1090 Edison Street, 93460, Santa Ynez

8056894777

Engel & Völkers

1090 Edison Street, Santa Ynez, 93460

AM-3201158 – This is the Engel & Völkers property ID.
Kris Johnston
Engel & Völkers Santa Ynez