Mixed-Use Building in Downtown
7695 El Camino Real, Atascadero, CA 93422
- Added:
- Feb 13, 2026
- Days on Market:
- 99
- Last Refresh:
- May 23 at 10:06 am
Property Features for 7695 El Camino Real
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Interior features
- Living Quarters
- Standard status
- Active
- APN
- 030132046
- Size
- 2,764 SF
Utilities
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1986
- Architectural style
- Other
Listing agent Michele Smith License #01143667 (805) 423-2151
Listing office eXp Realty of California, Inc. 2603 Camino Ramon, San Ramon, CA (888) 584-9427
Listing date Feb 13, 2026
MLS# NS26031700
Listing URL
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime downtown Atascadero location with high visibility and accessibility.
- Mixed‑use property with ground‑level commercial space and a 2‑bedroom, 2‑bathroom apartment.
- Rare 10 dedicated parking spaces in a downtown location.
- Ground‑level commercial space features multiple private offices, conference rooms, restrooms, and a kitchen.
- Apartment includes a private upstairs patio with BBQ area and enclosed laundry room.
- Both units are currently leased to good tenants.
Overview
Located on Atascadero’s main street, this mixed-use commercial building offers visibility and accessibility. The ground-level commercial space includes multiple private offices, workstations, two conference rooms, two restrooms, and a kitchen area. The flexible floor plan supports a variety of business uses and provides an ideal layout for both private and collaborative work environments. Above the office space is a 2-bedroom, 2-bathroom apartment. The residential unit includes a private upstairs patio with BBQ area and a dedicated enclosed laundry room. The building’s front and side porches are enclosed with wrought iron fencing. At the rear of the property, 10 dedicated parking spaces are available, plus additional street parking. The property is located in downtown Atascadero. The property has a total size of 2764 square feet.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$592.9K
NOI $53,359 @ 9.00% cap · cautious / downside scenario
Moderate
$762.3K
NOI $53,359 @ 7.00% cap · market / base-case scenario
Aggressive
$1.07M
NOI $53,359 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.5k | $36.00 |
| − Vacancy | −$2.5k | −$0.90 |
| EGI | $97.0k | $35.10 |
| − OpEx | −$43.7k | −$15.80 |
| NOI | $53.4k | $19.31 |
2,764 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$762.3K
$667.0K – $889.3K
NOI $53,359 @ 7.0% cap · market cap 5.77%
Second Best
Office B
$734.9K
$643.1K – $857.4K
NOI $51,444 @ 7.0% cap · market cap 5.56%
Theoretical Best
Healthcare Medical
$1.09M
$951.2K – $1.27M
NOI $76,093 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Daniel Fuselier, PsyD
Physician
Bullock Margaret J
Marriage Or Relationship Counselor
Siddons Raymond J
Physician
Location Insight
- Map
- Local Demand
- City
- Atascadero
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.6571172
- Latitude
- 35.479293
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use building with commercial space and residential unit.
Where is this mixed-use property located?
The property is located at 7695 El Camino Real Atascadero, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Prime downtown Atascadero location with high visibility and accessibility.; Mixed‑use property with ground‑level commercial space and a 2‑bedroom, 2‑bathroom apartment.; Rare 10 dedicated parking spaces in a downtown location.
