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    Retail and Warehouse Flex Property Title is generated by Realmo AI

    2440 Raymond Ave, Templeton, CA 93446

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    Multi-building setup combines retail space with two warehouse buildings plus covered outdoor area for flexible operations.

    Type:INDUSTRIAL
    Property size:
    27,096 SF
    Price / SF:
    $221/SF
    Added:
    Jun 12, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 20 at 2:42 am

    Property Features for 2440 Raymond Ave

    General Information

    Standard status
    Active
    Size
    27,096 SF
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Steve McCarty
    Steve McCarty

    Listing agent Steve McCarty License #01843738

    Listing office McCarty Davis Commercial Real Estate

    Listing date Jun 12, 2026

    Source Moodyscre

    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 McCarty Davis Commercial Real Estate

    HighLights

    • Approximately 27,096 SF total across three buildings
    • Main retail building includes 10,928 SF plus 3,528 SF outdoor covered space
    • Warehouse 1 offers 8,640 SF
    • Warehouse 2 offers 4,000 SF

    Overview

    This for-sale property consists of approximately 27,096 square feet across three separate buildings. The main retail building totals 10,928 square feet and includes an additional 3,528 square feet of covered outdoor space. Warehouse 1 offers 8,640 square feet, and Warehouse 2 provides 4,000 square feet, creating a practical mix of front-facing retail and back-of-house warehouse use within the same ownership.

    The property address is 2440 Raymond Ave in Templeton, CA 93446. The square footage is distributed by building, with clear separation between the retail structure and the two warehouse buildings.

    For tenants and buyers seeking operational flexibility, the configuration supports multiple business functions under one roof line, including retail-facing activity alongside warehousing and storage. The inclusion of covered outdoor space tied to the main retail building can also be useful for supporting day-to-day retail operations, receiving, or overflow staging, depending on how an operator plans to run the site.

    Local Financial Insights For 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 $650.3k $24.00
    − Vacancy −$21.5k −$0.79
    EGI $628.8k $23.21
    − OpEx −$188.7k −$6.96
    NOI $440.2k $16.25
    27,096 SF · lease $24.00/SF/yr · vacancy 3.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $6.29M
    $5.50M – $7.34M (±1% cap)
    NOI $440,191 @ 7.0% cap · market cap 7.34%
    Second Best
    Flex RnD
    $4.80M
    $4.20M – $5.60M (±1% cap)
    NOI $336,011 @ 7.0% cap · market cap 5.60%
    Theoretical Best
    Healthcare Medical
    $10.66M
    $9.32M – $12.43M (±1% cap)
    NOI $745,951 @ 7.0% cap · market cap 12.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Kitchen & Bath Showroom Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Templeton
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.7473023
    Latitude
    35.5315646

    FAQs

    What type of property is this?
    Flex space - Multi-building setup combines retail space with two warehouse buildings plus covered outdoor area for flexible operations.
    Where is this flex space located?
    The property is located at 2440 Raymond Ave Templeton, CA.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: Approximately 27,096 SF total across three buildings; Main retail building includes 10,928 SF plus 3,528 SF outdoor covered space; Warehouse 1 offers 8,640 SF
    (805) 543-1801 Call to check price and availability
    More about this property
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