Stand-Alone Restaurant Building with
For Sale
Contact for pricing
1902 Creston Rd, Paso Robles, CA 93446
Beautifully updated 3,300 SF restaurant building on a corner pad with a 1,445 SF outdoor patio and 46 parking spaces.
Property Size3,300 SF
Price / SF$439.39
Days on Market9
Property Features for 1902 Creston Rd
General Information
Standard status
Active
Size
3,300 SF
Total Parking Spaces
46
Property subtype
RETAIL
Additional Details
Asking Price
$1,450,000
Patio
Yes
Building Details
Buildings
1
Listing Agency:
Archer Wilkinson
(805) 234-3537
Listed By:
Bill Carpenter · License #00881534
(805) 234-3537
Source:
Moodyscre
Added: Jul 23
Changed: Jul 29
Last Checked: Jul 30 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Archer Wilkinson
Investment Insights
Based on property information with market context.
Beautifully updated stand-alone restaurant building located on a corner pad. The property totals 3,300 SF of indoor space and includes an additional 1,445 SF outdoor patio suitable for dining or guest seating. Restaurant equipment is available, and a full liquor license is negotiable.
The building is set up for food and beverage use and includes on-site parking for 46 vehicles. It is offered for sale or lease on an NNN basis.
This is a practical turnkey direction for a restaurant, café, or tasting-room concept seeking a standalone footprint, indoor-outdoor flow, and dedicated parking for customers.
The building is set up for food and beverage use and includes on-site parking for 46 vehicles. It is offered for sale or lease on an NNN basis.
This is a practical turnkey direction for a restaurant, café, or tasting-room concept seeking a standalone footprint, indoor-outdoor flow, and dedicated parking for customers.
Key Highlights
- 3,300 SF stand‑alone restaurant building on a corner pad
- 1,445 SF outdoor patio for dining or guest seating
- Restaurant equipment available; full liquor license negotiable
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.1k | $20.04 |
| − Vacancy | −$3.2k | −$0.96 |
| EGI | $63.0k | $19.08 |
| − OpEx | −$15.7k | −$4.77 |
| NOI | $47.2k | $14.31 |
3,300 SF · lease $20.04/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$674.5K
$590.2K – $787.0K
NOI $47,218 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.30M
$1.14M – $1.51M
NOI $90,849 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Home Improvements & Furnishings 21%
Fastrip
Shops & Services
8,414 visits/mo
0.3 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,366 visits/mo
0.5 miles
Ferguson
Home Improvements & Furnishings
997 visits/mo
0.5 miles
Caliber Collision
Shops & Services
618 visits/mo
0.4 miles
Demographics for 93446, CA
45,979
Population
19,786
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
428.3 sq mi
ZIP Area
107
Density / Sq Mi
$94,512
Median Household Income
$43,229
Median Earnings
$1,946
Median Rent
$661,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Beautifully updated 3,300 SF restaurant building on a corner pad with a 1,445 SF outdoor patio and 46 parking spaces.
Where is this conventional restaurant located?
The property is located at 1902 Creston Rd Paso Robles, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3,300 SF stand‑alone restaurant building on a corner pad; 1,445 SF outdoor patio for dining or guest seating; Restaurant equipment available; full liquor license negotiable
